Mauritania's Sidi Ould Tah has been elected as the 9th President of the African Development Bank (AfDB) Group during the Bank's annual meetings in Abidjan, Côte d'Ivoire. His election by the Board of Governors, representing 81 member countrie… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Sidi Ould Tah elected AfDB President, Tinubu pledges Nigeria's full backing By Busola Bamidele on May 30, 2025 Mauritania's Sidi Ould Tah has been elected as the 9th President of the African Development Bank (AfDB) Group during the Bank's annual meetings in Abidjan, Côte d'Ivoire. His election by the Board of Governors, representing 81 member countries, marks a new chapter for the institution. President Bola Tinubu congratulated Tah and affirmed Nigeria's full support for his leadership. In a call to Mauritanian President Mohamed Ould Ghazouani, Tinubu praised the transparency of the process and pledged Nigeria's commitment to AfDB's goals, including regional financial integration, economic independence, and climate-resilient infrastructure. Read also: Sidi Ould Tah elected AfDB President, Tinubu pledges Nigeria's full backing MAN urges FG to make Nigeria first policy a law Lagos port congestion disrupts empty container return SMEDAN secures N11bn, 100,000 jobs for small businesses in two years Navigating career growth without a clear roadmap Tinubu also lauded outgoing President Dr. Akinwumi Adesina for his impactful tenure and reaffirmed Nigeria's strategic interest in AfDB by approving a $500 million boost to the Nigeria Trust Fund. Tah's five-year term begins on September 1, 2025.

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