Djibouti President Guelleh Praises Adesina’s Partnership
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Akinwumi Adesina Concludes Decade as African Progress Bank President with Visit to Djibouti
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Outgoing African Development Bank (AfDB) President Dr. Akinwumi A. Adesina concluded his ten-year term with a visit to Djibouti, where he met with President Ismaïl Omar Guelleh to celebrate collaborative achievements and Africa’s development progress.
Adesina’s Farewell visit to Djibouti
Dr. Akinwumi A. Adesina, the 8th president of the African Development bank Group, recently concluded his decade-long tenure with a visit to the Republic of Djibouti. The visit included a meeting with President Ismaïl Omar Guelleh, marking a notable moment to reflect on the partnership between the AfDB and Djibouti.
President Guelleh lauded Adesina’s leadership and dedication to Africa’s advancement. “We are grateful to you. You have shown us what a dignified Africa can achieve with will and determination. You have brought Africa to the global stage, and working with you has opened a new way of thinking about our development,” President Guelleh stated, according to the african Development Bank’s official news release.
Key Achievements During Adesina’s Tenure
Adesina expressed his gratitude to President guelleh for Djibouti’s strong partnership with the afdb, highlighting considerable development gains across multiple sectors. These included significant investments and projects in energy, agriculture, transport, water and sanitation, and the response to the COVID-19 pandemic.
During Adesina’s leadership, the AfDB focused on five key pillars, known as the High 5s: Light up and Power Africa, Feed Africa, industrialize Africa, Integrate Africa, and Improve the Quality of Life for Africans. These priorities aimed to accelerate Africa’s economic transformation and improve the lives of millions.
Here’s a summary of the AfDB’s financial performance under Adesina’s leadership (2015-2024):
| Indicator | 2015 (USD Billions) | 2023 (USD Billions) | Change (%) |
|---|---|---|---|
| Total Approved Loans & Grants | 8.3 | 13.7 | +65.1% |
| Total Investment Mobilized | 2.1 | 11.2 | +433.3% |
| Capital Markets Borrowings | 1.2 | 4.8 | +300% |