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Dr. Sidi Ould Tah: New African Development Bank President Sworn In

Dr. Sidi Ould Tah: New African Development Bank President Sworn In

Dr.Sidi Ould Tah to be Sworn In ⁣as President of the African Growth ‍bank⁣ Group

The African Development ⁣Bank Group (AfDB) is​ poised⁤ for a new era of leadership. On Monday, September 1, 2025,⁤ Dr. Sidi Ould Tah will officially become the ninth President of the institution during a swearing-in ceremony held at ⁣the ⁤Sofitel Abidjan ‌Hôtel Ivoire in Abidjan, Côte d’Ivoire. This transition marks a pivotal moment for Africa’s premier multilateral‍ financial institution.

A Smooth Transition of Leadership

The⁣ ceremony will ‍be chaired by Ludovic Ngatsé, the current Chair of ⁣the Board ‍of Governors and Minister of​ Economy, Planning and Regional Integration for the Republic of Congo. Dr. tah succeeds Akinwumi Adesina, whose impactful ten-year ‌tenure concluded after a⁣ decade of significant reforms and‌ advancements in ​African development.

Dr. Tah’s election on May ​29, 2025, in Abidjan, was a resounding success, securing 76.18%⁣ of‌ the votes cast by‍ governors ⁤representing the Bank Group’s 81⁢ member countries – 54 African nations and 27 non-regional members. This demonstrates strong confidence⁤ in ​his​ vision for the ‍Bank’s future.

Who is⁢ Dr. Sidi Ould ​Tah?

Dr.Tah, a 60-year-old national of the⁢ Islamic Republic‍ of Mauritania, ⁤brings a wealth ‌of experience to the role. He ‌is a renowned ‍economist​ with ⁤a proven⁤ track record in development finance​ and international cooperation. Before assuming the presidency, he served ⁢as ​President of the Arab Bank for Economic Development in Africa (BADEA) as 2015.

His election signals a commitment from shareholders to bolster the AfDB’s role as a key driver of:

Development⁢ finance across the continent.
Regional economic​ integration.
Climate resilience ‌initiatives.

Who Will Be Attending?

The⁢ inauguration will ‌be a high-profile event,drawing leaders from across the continent and beyond. Expected attendees include:

‍ Heads​ of state and ⁢government, including presidents Alassane Ouattara of Côte d’Ivoire and Mohamed Ould ⁢Ghazouani of Mauritania.
Representatives from international institutions‌ and⁤ development partners.
‌ Diplomats and ⁣representatives from the private sector and civil society.
Members of the ⁤AfDB’s Board⁢ of Directors and staff.

What Does This Mean for the Future of ‍the AfDB?

This⁢ handover represents a major milestone in the governance of the African Development Bank Group. You can expect dr. Tah⁣ to build upon the successes of his predecessor while charting a new course for the bank. His‌ focus will likely be on strengthening the AfDB’s impact as a catalyst for enduring and inclusive growth in Africa.

How to Follow⁢ the Event

For those‍ unable to attend in ⁢person, the ceremony will be broadcast live on ⁢the Bank’s official digital platforms.

To follow the event live: ​ Register here.
* ⁤ Media Accreditation: Journalists wishing to cover the event ‍in ‍Abidjan should request accreditation before August 28, ​2025, by emailing [email protected] and copying Mr. Alkassoum Aoudi Diallo‍ at [email protected].

The ⁢African Development Bank Group is entering an ‌exciting ‌new chapter, and Dr. Sidi Ould Tah is ‍well-positioned to ‍led‌ the institution in ⁤addressing the⁢ challenges and opportunities facing the African continent.

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