Latest News
Senegal announces Amadou Hott's candidacy for AfDB President
News Highlight
The Government of Senegal, through the Ministry of African Integration and Foreign Affairs, officially launched the candidacy of Amadou Hott for the presidency of the African Development Bank (AfDB) on 28 November 2024.
The Government of Senegal, through the Ministry of African Integration and Foreign Affairs, officially launched the candidacy of Amadou Hott for the presidency of the African Development Bank (AfDB) on 28 November 2024.
A Senegalese, Mr. Hott served as the inaugural vice president of the Power, Energy, Climate Change and Green Growth Complex (2016-2019) under the current AfDB President Akinwumi Adesina. He later served the regional development finance institution as Special Presidential Envoy for the Alliance for Green Infrastructure in Africa (2022-2024).
“With over 25 years of strong and diverse experience, combining investment banking, development banking, sovereign wealth fund management and public policy, Mr. Hott embodies a bold and inclusive vision to address the current and future challenges of the African continent,” Mrs. Yassine Fall, Minister of African Integration and Foreign Affairs of the Republic of Senegal said in a statement. “Former Minister of Economy, Planning and Cooperation of Senegal (2019-2022), he is a well renowned economist and financial expert with a deep understanding of the issues facing stakeholders, including governments and the private sector.”
According to the statement sent to Financial Nigeria, the official launch aimed to inform the public about the candidacy of Hott and the support of the Government of Senegal, enhance the candidate's assets and vision for the bank, and mobilise national and international support for this major bid.
Related News
Latest Blogs
- Historical insights for Nigerian Cabotage Vessel Financing Fund
- Rethinking Nigeria's development for people-centred outcomes
- Moving from prohibition to regulation, what’s next for crypto in Nigeria?
- The way out of Africa’s unsustainable debt and underdevelopment
- The Tah Doctrine: A presidential mandate for Africa’s next chapter
Most Popular News
- Artificial intelligence can help to reduce youth unemployment in Africa – ...
- AWIEF opens nominations for 2025 awards for Africa’s women entrepreneurs
- African Development Bank elects Sidi Ould Tah ninth president
- Global space economy market to surpass $511 billion in 2029
- Nigerian digital lender pioneering new model attracts $4.2m seed investment
- GenAI to mostly transform and not replace 25% of exposed jobs