African Development Bank

Another important election will be our focus here at CGD this Thursday, April 16, when we host a unique event: a live panel with the candidates for president of the African Development Bank.

“It’s nice to have a list,” CGD senior associate Scott Morris told me about the shortlist of eight candidates for the Presidency of the African Development Bank. 

The African Development Bank almost wasn’t. Twenty years ago, the Bank lost its crucial AAA credit rating and its future was very much in doubt. Yet now it is held up as one of the largest sources of infrastructure finance for the region, a multilateral financing institution owned by 53 Africa...