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Sidi Ould Tah assumes presidency of African Development Bank

2025/09/01/08:50
in Africa
Reading Time: 2 mins read
253 3
A A
Sidi Ould Tah assumes presidency of African Development Bank

Sidi Ould Tah has today officially taken office as the 9th President of the African Development Bank (AfDB), marking a significant transition for one of the continent’s most influential financial institutions. The Mauritanian diplomat succeeds Akinwumi Adesina, who led the bank for nearly a decade.

Historic appointment
Ould Tah is the first Mauritanian to lead the AfDB, having secured 76.18% of the vote in May’s presidential election. His appointment reflects both his long diplomatic career and strong support from African member states, highlighting Mauritania’s growing role in regional affairs.

Strategic priorities ahead
The AfDB plays a pivotal role in shaping Africa’s economic trajectory, particularly in financing infrastructure, promoting industrialisation and advancing climate resilience. Ould Tah’s presidency begins at a time when Africa faces pressing challenges, including high inflation, energy demands, and unequal access to development finance.

Continuity and change
Observers expect Ould Tah to maintain continuity with past initiatives while strengthening the bank’s capacity to respond to structural imbalances. His diplomatic background may also drive closer cooperation among African nations, reinforcing the AfDB’s mission to serve as a catalyst for integration and sustainable growth.

Regional impact
With Africa under increasing global scrutiny over debt sustainability and resource management, the new leadership is expected to have wide-ranging influence. Ould Tah’s tenure is likely to be judged on his ability to balance financial innovation with the urgent need for inclusive development across both emerging and fragile states.

REFH – Newshub, 1 September 2025

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