Nigeria butts heads with US over probe into AfDB’s president
A whistle-blower has accused the African Development Bank’s Akinwumi Adesina of awarding contracts to friends and relatives
02 June 2020 - 11:31
Abijan — The US and Nigeria are facing off in a dispute over whether allegations against the head of the African Development Bank (AfDB ) should be investigated a second time, exposing a fault line between the West and the continent over the issue.
The spat between the world’s biggest economy and Africa’s largest oil producer comes at a time when the lender is helping source $100bn the continent needs to stabilise economies hobbled by the coronavirus pandemic. For AfDB president Akinwumi Adesina, it threatens an unopposed bid for a second term as head of the bank later this year...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.