
African Development Bank (AfDB) president Akinwumi Adesina speaking at the extraordinary shareholders’ meeting in Abidjan, October 31st, 2019. The Governors of the African Development Bank, representing shareholders from 80 countries, approved a landmark $115 billion increase in capital for the continent’s foremost financial institution. The capital increase, the largest in the history of the African Development Bank since its establishment in 1964, is a remarkable show of confidence by shareholders.