The AAA-rated African Development Bank (AfDB) is the continent’s biggest financial institution, with a well-defined role that is growing as it leverages its capital and know-how to support essential public and private sector projects and support economies mired in the coronavirus pandemic. The re-election of AfDB president Akinwumi Adesina is an important development that should end a period of corrosive doubt about the bank’s governance, while promoting the bank’s multiple positive roles.
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