** Analysis of the annual assemblies of the African Development Bank: towards a renewal of approaches? **
At the dawn of the annual assemblies of the African Development Bank (BAD) which will be held in Abidjan from May 26 to 30, 2025, the Democratic Republic of Congo (DRC) takes part, via its Minister of Finance Fwamba, in this meeting which could shape the economic future of the continent. Indeed, this event is more than a simple formality; It represents a crucial platform to discuss financial issues and development strategies that directly affect African populations.
The BAD, founded in 1964, is responsible for supporting the economic and social development of African states. In an African context marked by multiple challenges such as poverty, unemployment and the effects of climate change, the question arises: how can this institution maximize its impact on the ground?
** candidates in the running, visions to refine **
Five candidates were selected to succeed Akinwumi Adesina, current president of the BAD. Their diversity, ranging from a Senegalese to a South African, passing by representatives of Mauritania, Zambia and Chad, testifies to a fundamental issue: how to guarantee that the voices and needs of the whole continent are taken into account within the time and projects to come?
However, a recent analysis, taken up by Fatshimetrie, evokes some concern about the relevance of the programs presented by these candidates. Experts, while recognizing laudable intentions behind these initiatives, underline a risk of stagnation if these visions remain disconnected from the realities experienced by the populations. Recognition of local needs and the ability to meet it with concrete solutions have become undeniable imperatives.
** The inheritance of a mandate **
Akinwumi Adesina structured its mandate around five priorities called the “High Five”, which have enabled significant advances in essential fields such as access to electricity or infrastructure. His heritage, although greeted, must serve as a basis for reflection on the continuity and evolution of the BAD strategies. How, then, make sure that future leaders continue this dynamic while capitalizing on the lessons learned from recent years?
A central point that deserves to be approached is the need for a more integrated and participative approach. What lessons can we learn from the past to avoid repeating errors already made? Applicants for the post of President of the BAD must be able to build visions that are not only theoretical, but which reflect a real commitment to bringing the votes of African citizens.
** Towards an inclusive transformation **
This year’s theme, “getting the most out of Africa’s capital to promote its development”, is undoubtedly an invitation to rethink the current economic models. This raises the question of financing mechanisms: are they adapted to local economic realities? Should the AfDB must reassess its financing criteria to encourage projects that really meet the aspirations of the populations?
In addition, the need for more transparent and responsible management of resources is a crucial issue. How can BAD promote economic governance based on trust and inclusiveness? Transparency in decision -making processes can strengthen the legitimacy of the institution and promote a broader commitment of member countries.
** Conclusion: a careful examination of priorities **
While the BAD is preparing to elect its future president and to define its course for the years to come, it is crucial to keep in mind that the future of the institution, and by extension that of Africa, is based on a fine understanding of local needs and global issues.
The workshops and discussions planned at annual meetings should encourage collective and constructive reflection, where candidates and representatives of the States can dialogue and discuss visions of the future which not only integrate economic development, but also the well-being of populations. Thus, the institution could strengthen its relevance and its impact, becoming a real transformation force on the continent.
The current dynamics offer a precious opportunity to initiate a positive change, but this will require commitment, listening and a collective desire to build a better future for all Africans.