Last week, Sidi Ould Tah—a former Mauritanian economy minister and outgoing president of the Arab Bank for Economic Development in Africa—was elected president of the African Development Bank (AfDB), succeeding Nigeria’s Akinwumi Adesina. Tah, having won the contest with just over 76 percent of shareholder votes, will lead one of the world’s largest multilateral development banks amid global economic uncertainty and potential funding losses, including a potential $555-million cut from the United States. Tah ran on a platform that focused on mobilizing more capital, reforming financial systems, and formalizing the informal sector, among other issues. But what will this look like in reality? Below, experts from our Africa Center outline what to expect from Tah’s AfDB presidency.
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