Why you should care who's in line to run the African Development Bank

The African Development Bank (AfDB): Connecting regions (Reuters/Thomas Mukoya)

This week, the African Development Bank (AfDB), the World Bank of Africa if you like, will elect a new president to replace Donald Kaberuka, a former Rwandan finance minister, who steps down on August 31 after a decade in charge.

While the race to succeed Kaberuka remains unpredictable, three candidates stand out.

The Nigerian agriculture minister Akinwumi Adesina is considered one of the favorites. Hailing from the largest economy on the continent affords him some cache and influence among member states. With a fondness for bow ties, he has struck a more populist tone, saying the bank needs to be more “inclusive” to ensure the “greatest number” benefit from its $33 billion largesse, with a particular focus on agriculture as one way of doing that.

Read more: Why you should care who’s in line to run Africa’s development bank – Quartz

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