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How Adesina Won Africa's Top Job At Afdb by Nobody: 8:10pm On May 28, 2015 |
NIGERIA’S Akinwumi Adesina was Thursday elected new president of the African Development Bank (AfDB) in a thrilling vote that saw major heavyweights from North Africa and southern Africa were stripped away early in the opening rounds. The dapper bow-tie wearing Agriculture and Rural Development minister will be a popular choice with the Africanist policy community, but will also provide a major boost for Nigeria’s flagging geopolitical ambitions, with a new president set to be sworn-in on May 29. He has widely heralded innovations in hugely improving his country’s often-precarious food security position, but was not as steeped in finance as some of his rivals, the majority of who were all serving or former finance ministers. He however had arguably the most impressive academic credentials. The vote Three candidates had been left in the nerve-wracking race to head the 50-year-old bank. Adesina, Cape Verde’s Cristina Duarte and Kordje Bedoumra of Chad were the only contestants still standing by early evening on Thursday, as AfDB governors sought a successor to Donald Kaberuka, who will have served the maximum two terms. A winning candidate needs at least 50.01% of both the regional and non-regional votes. The latter are members who are not from Africa and wield 40% of the vote. They include the US, China, Japan and a raft of European countries and were brought in in 1982 to help boost the capital base of the bank which was at the time starved of cash. Nigeria has the highest voting power of the bank’s members, ahead of the United States. Sierra Leone’s Foreign Affairs minister Samura Kamara, who as finance minister led his country’s reconstruction effort, was the first to fall in the opening round, though few eyebrows would have been raised at his early exit, given his region had propped up three other stronger candidates. But the identity of the next candidate to be eliminated was more surprising, as Ethiopia’s Sufian Ahmed tumbled out. His country’s finance and economic development minister, he had been one of the heavy-hitters expected to at least make the final rounds of voting. Mali’s Birama Side lasted longer than forecast by analysts, becoming the third candidate to be knocked out. Tunisia’s Jaloul Ayed was next, as North Africa lost a chance to head the bank for a third time. The bank’s sixth president, Omar Kabbaj, is credited with instituting reforms that set the bank on its current path, while Kaberuka cemented its place as the continent’s premier development financier. Zimbabwe’s Thomas Sakala, a former AfDB insider, tumbled out next. He had come in on the backing of southern Africa, but his bid run into headwinds when it was revealed that he had been a benefit of “primaries” which is perceived to be against bank rules. Good Nigerian spell Nigerians might be forgiven for thinking the country is enjoying a brilliant spell, after president-elect Muhammadu Buhari became one of only a handful of African opposition leaders to defeat an incumbent comprehensively, but perhaps one of the proudest moments was the grace with which Goodluck Jonathan accepted defeat. Nigeria’s outgoing Finance minister Ngozi Okonjo-Iweala immediately tweeted’ “Great news! Nigeria’s Akin Adesina has won the AfDB presidency after our strong campaign! Great campaign! Great candidate!” Beyond Adesina’s victory, his triumph signalling a significant change in continental power politics. Until recently, it was the custom that the big and richer nations kept the smaller countries happy by ceding the leadership of continental bodies to them. The first major break from that came in 2012 when Nkosazana Dlamini-Zuma was elected chairperson of the African Union Commission. South Africa is the richest country on the continent, and Nigeria its largest economy and most populous nation. It might seem, like with the World Bank and IMF, the big boys and girls in Africa, have also finally taken over the stage by combining back-office clout with executive power. All attention now shifts to Adesina. In early March he gave an insight into his likely agenda, telling news agency AFP in late March that he wanted to “finish off the white elephants”, in a reference to useless luxury projects that are often financed using international aid and built by foreign businessmen, and which reek of corruption. He called for “intelligent infrastructure that is more productive, more competitive”. He also urged more cooperation across borders, pitching ideas such as an “African Google”, a transnational electricity market, and a regional stock exchange. The AfDB might just have got its first digital president. http://m.mgafrica.com/article/2015-05-28-nigerias-akinwumi-comes-out-tops-in-thrilling-continental-battle-for-afdb-presidency#.VWdmaTjTXHw Cc lalasticlala 22 Likes 3 Shares |
Re: How Adesina Won Africa's Top Job At Afdb by Nobody: 8:11pm On May 28, 2015 |
So so excited for his victory, thought the last minute Francophone conspiracy for the Chadian was gonna prevent his victory, Viva Nigeria 16 Likes 2 Shares |
Re: How Adesina Won Africa's Top Job At Afdb by LordVarys: 8:18pm On May 28, 2015 |
Same Mail And Guardian Predicted his loss in the morning, I thought Becoumbra was going to win, Happy he won, a new era is here 3 Likes 2 Shares |
Re: How Adesina Won Africa's Top Job At Afdb by babyfaceafrica: 8:20pm On May 28, 2015 |
He won because e deserved it..that guy is a phenomenal!!!! 18 Likes 2 Shares |
Re: How Adesina Won Africa's Top Job At Afdb by ki02020(m): 8:33pm On May 28, 2015 |
He won simply because he he has the qualities required 6 Likes 2 Shares |
Re: How Adesina Won Africa's Top Job At Afdb by YoruBanger: 8:34pm On May 28, 2015 |
Viva Nigeria! Viva Adesina! 3 Likes 2 Shares |
Re: How Adesina Won Africa's Top Job At Afdb by sinkhole: 8:36pm On May 28, 2015 |
Some people are realy terrible at prediction bcause i think some people seriously predicted yesterday that this guy will loose, but today he wins! 3 Likes 1 Share |
Re: How Adesina Won Africa's Top Job At Afdb by LordVarys: 8:58pm On May 28, 2015 |
Why is this not on front page Lalasticlala |
Re: How Adesina Won Africa's Top Job At Afdb by wise7(m): 9:23pm On May 28, 2015 |
Congrats to him |
Re: How Adesina Won Africa's Top Job At Afdb by efilefun(m): 9:24pm On May 28, 2015 |
Congrats Adesina... continue your good work and always fly the green flag 22 Likes 2 Shares
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Re: How Adesina Won Africa's Top Job At Afdb by stevolinkon40: 9:24pm On May 28, 2015 |
He won because he is the best. Period 2 Likes 1 Share |
Re: How Adesina Won Africa's Top Job At Afdb by tinuolababy(f): 9:24pm On May 28, 2015 |
Good for him Good for Nigeria 3 Likes 2 Shares |
Re: How Adesina Won Africa's Top Job At Afdb by holatin(m): 9:26pm On May 28, 2015 |
omo odo rere Adara fun meeting you their soon 2 Likes 1 Share |
Re: How Adesina Won Africa's Top Job At Afdb by laurel03(m): 9:26pm On May 28, 2015 |
Best minister under Gej..... U deserved it... #Godwin 3 Likes |
Re: How Adesina Won Africa's Top Job At Afdb by conalex(f): 9:26pm On May 28, 2015 |
What gonna ne gonna be 1 Like 1 Share |
Re: How Adesina Won Africa's Top Job At Afdb by meforkene(m): 9:27pm On May 28, 2015 |
...and so shall good things follow Nigeria..and of course, with this new government. Amen! 8 Likes 1 Share |
Re: How Adesina Won Africa's Top Job At Afdb by kennydee05(m): 9:28pm On May 28, 2015 |
Best Minister in Jonathan cabinet |
Re: How Adesina Won Africa's Top Job At Afdb by DeezNutz(m): 9:28pm On May 28, 2015 |
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Re: How Adesina Won Africa's Top Job At Afdb by Kingkamal(m): 9:28pm On May 28, 2015 |
Congratulations to him. We are eager oo. God bless Nigeria. Sai baba 3 Likes 1 Share |
Re: How Adesina Won Africa's Top Job At Afdb by elbinmanny(m): 9:28pm On May 28, 2015 |
100 likes for my Heroes 29 Likes 1 Share
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Re: How Adesina Won Africa's Top Job At Afdb by Ifeconwaba(m): 9:28pm On May 28, 2015 |
Good |
Re: How Adesina Won Africa's Top Job At Afdb by ehixestgratias: 9:29pm On May 28, 2015 |
congrats to him....change is here |
Re: How Adesina Won Africa's Top Job At Afdb by 4everGrand(m): 9:29pm On May 28, 2015 |
The change train for Nigeria is rolling on. Pon pon pon!!!!!!!! U think u can stop it? At ur peril. 2 Likes 1 Share |
Re: How Adesina Won Africa's Top Job At Afdb by efilefun(m): 9:29pm On May 28, 2015 |
elbinmanny: 13 Likes
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Re: How Adesina Won Africa's Top Job At Afdb by micktoxin(m): 9:29pm On May 28, 2015 |
That's great. God bless Nigeria. 1 Like |
Re: How Adesina Won Africa's Top Job At Afdb by Donkaz(m): 9:30pm On May 28, 2015 |
Ok |
Re: How Adesina Won Africa's Top Job At Afdb by romzyxy(m): 9:31pm On May 28, 2015 |
very long to read. |
Re: How Adesina Won Africa's Top Job At Afdb by ignis: 9:31pm On May 28, 2015 |
Congrats. ... even though I didn't read the long write up. |
Re: How Adesina Won Africa's Top Job At Afdb by condralbede(m): 9:31pm On May 28, 2015 |
congrat |
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