Lagos State Governor Babajide Sanwo-Olu and former Ogun State Governor Ibikunle Amosun have commended Akinwumi Adesina, President of the African Development Bank (AfDB), for his outstanding contributions to economic development, infrastructure financing and poverty reduction across Africa.
In separate letters, the two leaders praised Adesina’s leadership in increasing the bank’s capital from $93 billion to $318 billion and championing transformative initiatives benefiting millions of Africans.
Their accolades come ahead of Adesina’s 65th birthday on February 6.
Sanwo-Olu described the AfDB President as a beacon of hope, emphasising his efforts in showcasing Africa’s potential beyond its challenges.
“Your leadership during the COVID-19 global crisis reaffirmed your role as a reformer,” the Lagos governor stated.
Amosun, in his message, noted that Adesina’s tenure has left an indelible mark on the continent, citing his pivotal role in securing additional capital for AfDB and spearheading initiatives that have impacted over 335 million Africans.
“From increasing the Bank’s capital from $93 billion to $318 billion, to championing initiatives that have touched the lives of over 335 million Africans, your work deserves the highest recognition,” Amosun said.
Under Adesina’s leadership, AfDB has driven the High 5s Agenda, focusing on Lighting and Powering Africa, Feeding Africa, Industrializing Africa, Integrating Africa and Improving the quality of life for Africans.
His administration also earned the bank recognition as the best multilateral institution in 2022 and the most transparent multilateral financial institution in 2023, according to Global Finance.
With his second and final five-year term set to conclude in August 2025, Adesina continues to receive widespread recognition for his contributions to Africa’s economic transformation.
Sanwo-Olu and Amosun emphasised the importance of his reforms, stating that his vision has strengthened Africa’s financial institutions and positioned the continent for sustained growth.
