President of the African Development Bank Group (AfDB), Akinwumi Adesina has promised to give more support to ensure that the continent’s infrastructure gap is reduced by providing quality growth.
Dr Adesina, during his inaugural address after being sworn-in as AfDB President on Tuesday, pledged to expand partnership and tilt more attention to Africa.
The AfDB President, who was re-elected unanimously by the bank’s board of Governors to serve a second five-year term on August 27, said his administration will focus on the institution, people, delivery, and sustainability.
“The COVID-19 pandemic has changed everything globally; it has thrown Africa’s growth back. The continent has lost gains and economic growth that were achieved over the last decade.
“Africa’s recovery will therefore be long and challenging. Now we must help Africa build back boldly but smartly, paying greater attention to quality growth, especially in the areas of health, climate, and the environment.
“As we look into the future, working with the board of Directors, the bank will pay increased attention to supporting Africa with quality healthcare infrastructure and building on its comparative advantage in infrastructure. The bank’s infrastructure work will focus on economic infrastructure, quality physical infrastructure in health,” he added.
President-elect of the African Development Bank, Dr Akinwumi Adesina, signs documents after taking the oath of office on Tuesday.