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Sidi Ould Tah of Mauritania was today, Thursday 29 May 2025, elected president of the group of the African development bank in the Bank’s annual meetings held in Abidjan, in Costa D’Ivoire.
Tah was elected by the Bank’s Board of Directors, including financial and economic ministers or governors of the central banks of the 81 regional and non -regional member countries of the banking group. The advice is the highest decision -making authority for the banking group.
The results were announced by Nialé Kaba, Minister for planning and development for the Costa D’Ivoire and the President of the Board of Directors of the Banking Group.
By contacting the governors of the banking group and the media shortly after the announcement, Tah said: “Let’s go work now, I’m ready!”
The winning candidate is required to obtain at least 50.01% of regional and non -regional votes.
Tah brings over 35 years of experience in African and international finance. He worked as president of Arab Bank for economic development in Africa (Badea) for 10 years since 2015, where he led a complete transformation that quadrupled the bank’s budget, obtained an AAA evaluation and positioned it among the most voted development banks focused on Africa.
By contacting the governors of the banking group and the media shortly after the announcement, Tah said: “Let’s go work now, I’m ready!”
Former Minister of Economic Affairs and Finance of Mauritania, Tah has held senior roles in multilateral institutions and has guided the response to crises, financial reform and innovative mobilization of resources for Africa.
The board committee of the Board of Directors received and approved a total of five candidates by the closing date of January 31, 2025. The list of candidates was officially announced on February 21, 2025.
The other candidates in the elections were:
Amadou Hott (Senegal)
Samuel Maimbo (Zambia)
Mahamat Abbas Talli (Chad)
Bajabulile Swazi Tshabalala (South Africa)
Tah will take an office on September 1, 2025, for a five -year mandate, after the end of the second term of the current president, dr. Akinwumi Adhesin.
The past leaders of the African development bank since its beginning in 1964 are:
Mamoun Beheiry (Sudan), 1964-1970
Abdelwahab Labidi (Tunisia), 1970-1976
Kwame Donkor Fordwor (Ghana), 1976-1980
Willa Mung’omba (Zambia), 1980-1985
Babacar N’Diaye (Senegal), 1985-1995
Omar Kabbaj (Morocco), 1995-2005
Donald Kaberuka (Rwanda), 2005-2015
Dr. Akinwumi Adhesina (Nigeria), 2015-2025.
The election of a new president comes in a crucial moment in the six decades of existence of the banking group. Africa has remained resilient despite the climatic shocks, economic interruption and a changing geopolitical landscape, but must move faster or risk falling back in the delivery of the African Union Agenda 2063 and of the sustainable development objectives, summarized in the high 5 of the banking group.
The annual meetings of 2025 of the African bank group will be held from 26 to 30 May in Abidjan, in Ivory Coast under the theme “make the capital of Africa better for the development of Africa”.
The group of the African development bank includes three entities: the African development bank, the African development fund and the Nigeria Trust Fund. His shareholders include 54 African countries or regional member countries and 27 non -African countries or non -regional member countries.
