The race to lead the African Development Bank (AfDB) is heating up, blending political intrigue with continental stakes. On May 29, five candidates will vie for the top post, hoping to steer the bank through a critical era of shrinking foreign aid and stalled infrastructure growth. Though they share similar visions—job creation, trade, and integration—the contest is marred by deep national rivalries. Swazi Tshabalala, the only woman in the race, represents South Africa, while Nigeria backs Senegal’s Amadou Hott. Global donors, holding 41% of the vote, further complicate matters. As Africa faces financial headwinds, this election isn’t just about policy—it’s about who can unlock the capital the continent urgently needs.
The Economist
