It was perhaps inevitable given its population mass, and its half-a-trillion dollar economy. The battle-hardened cadre of bankers created by Nigeria‘s decade of reform-collapse-reform is being picked for the top jobs.
Exhibit 1: The election of Akinwumi Adesina to the presidency of the African Development Bank. The outgoing agriculture minister has been feted for his agricultural reforms, and sweet-talked the French into not playing their traditional role of anglophone roadblock. The result is the first ever Nigerian in charge of Africa’s premier development finance institution – and increasingly, given the African Union’s paralysis, Africa’s loudest international megaphone on issues ranging from trade deals to climate change.
Read more: The Nigerians are coming | Columns