Elections for the AfDB

Eight countries will vie for the presidency of the African Development Bank (AfDB). Its current president, Donald Kaberuka, has visited Equatorial Guinea on numerous occasions.

The elections to preside over this monetary institution, created in 1964 with the purpose of promoting economic growth and social process in Africa, were announced in July 2014. Currently, the AfDB groups together 54 African States, among them Equatorial Guinea.

The voting will be held on May 28, during the annual meeting of the institution at its headquarters of Abidjan, Ivory Coast. Among the candidates that are running are Sufian Ahmed, of Ethiopia; Jaloul Ayed, of Tunisia; Kordje Bedoumra, of Chad, and Cristina Duarte, of Cape Verde.

The current president, Donald Kaberuka, was chosen in July 2005 for a first mandate, which was extended for five more years in a second reelection.

In recent years, Kaberuka has maintained a very close relation with Equatorial Guinea and with the Head of State, H.E. Obiang Nguema Mbasogo. After his last visit, in August 2014, he expressed a very favorable opinion of our country and its development, and said literally that: “Equatorial Guinea has an important potential, due to the advances in the scope of the function of infrastructure and the geographic position of the country.”

Text: A.A.
Equatorial Guinea’s Press and Information Office

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