{"id":37213,"date":"2019-12-23T15:58:42","date_gmt":"2019-12-23T14:58:42","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=37213"},"modified":"2019-12-23T15:58:42","modified_gmt":"2019-12-23T14:58:42","slug":"ecowas-endorses-adesina-for-second-term-as-president-african-development-bank","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/","title":{"rendered":"ECOWAS Endorses Adesina For Second Term As President, African Development Bank"},"content":{"rendered":"\n\n\n\n\n
The Economic Community of West African States (ECOWAS) endorses Adesina for second term as President of the African Development Bank<\/strong><\/td>\n<\/tr>\n
Adesina is a renowned development economist and the first Nigerian to serve as President of the Bank Group<\/em><\/strong><\/td>\n<\/tr>\n
The Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank<\/a> President Akinwumi Adesina for a second term at the helm of the institution.<\/p>\n

The decision was announced at the end of the fifty-sixth ordinary session of the Authority of Heads of State and Government of ECOWAS, held on Saturday in Abuja, Nigeria.<\/p>\n

\u201cIn recognition of the sterling performance of Dr. Akinwumi Adesina during his first term of office as President of the African Development Bank, the Authority endorses his candidacy for a second term as the President of the bank,\u201d ECOWAS said in a communique issued after the meeting.<\/p>\n

Adesina is the eighth elected President of the African Development Bank Group. He was elected to the five-year term on 28 May 2015 by the Bank\u2019s Board of Governors at its Annual Meetings in Abidjan, C\u00f4te d\u2019Ivoire, where the same electoral process will play out next year.<\/p>\n

Adesina is a renowned development economist and the first Nigerian to serve as President of the Bank Group. He has served in a number of high-profile positions internationally, including with the Rockefeller Foundation, and was Nigeria\u2019s Minister of Agriculture and Rural Development from 2011 to 2015, a career stint that was widely praised for his reforms in the agricultural sector. The former minister brought the same drive to the Bank, making agriculture one of the organization\u2019s priority areas.<\/p>\n

Speaking earlier at the opening ceremony, Adesina reminded the group of the African Development Bank\u2019s investments in the region.<\/p>

\r\n
Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

\u201cYou can always count on the African Development Bank \u2013 your Bank,\u201d Adesina told delegates.<\/p>\n

ECOWAS President Jean-Claude Kassi Brou commended the Bank\u2019s involvement in West Africa and said it had provided \u201cinvaluable technical and financial interventions\u2026in the implementation of numerous projects and programmes\u201d.<\/p>\n

The ECOWAS summit included a progress report on the region\u2019s economic performance. It noted the role of the African Development Bank in the continent\u2019s transformation and called for greater cooperation in order to fund projects in West Africa.<\/p>\n

\u201cThe Authority takes note of the region\u2019s improved economic performance, with ECOWAS real GDP growing by 3.3% in 2019 against 3.0% in 2018, in a context characterised by a decline in inflationary pressures and sound public finances,\u201d the statement said.<\/p>\n

\u201cIt urges the Member States to continue economic reforms and ensure a sound macroeconomic environment in Member States, with a view to accelerating the structural transformation of ECOWAS economies and facilitating the achievement of the monetary union by 2020.\u201d<\/p>\n

The Authority commended efforts made on currency and monetary policy convergence in ECOWAS and laid out plans to advance the movement. These efforts are a key part of the regional integration agenda championed by the African Development Bank, as exemplified by the African Continental Free Trade Area, which aims to become the world\u2019s largest free trade zone.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>","protected":false},"excerpt":{"rendered":"

The Economic Community of West African States (ECOWAS) endorses Adesina for second term as President of the African Development Bank Adesina is a renowned development economist and the first Nigerian to serve as President of the Bank Group The Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank President …<\/p>\n","protected":false},"author":11,"featured_media":35448,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[3075,178,1309],"coauthors":[2393],"class_list":["post-37213","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-adb","tag-adesina","tag-ecowas"],"yoast_head":"\nECOWAS Endorses Adesina For Second Term As President, African Development Bank - National Wire<\/title>\n<meta name=\"description\" content=\"he Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank President Akinw\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ECOWAS Endorses Adesina For Second Term As President, African Development Bank - National Wire\" \/>\n<meta property=\"og:description\" content=\"he Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank President Akinw\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-23T14:58:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2019\/10\/e5333399-akinwunmi-adesina-696x385.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"385\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dayo Emmanuel\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2019\/10\/e5333399-akinwunmi-adesina-696x385.jpg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2019\/10\/e5333399-akinwunmi-adesina-696x385.jpg\",\"width\":696,\"height\":385,\"caption\":\"Adesina\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/\",\"name\":\"ECOWAS Endorses Adesina For Second Term As President, African Development Bank - National Wire\",\"isPartOf\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/#primaryimage\"},\"datePublished\":\"2019-12-23T14:58:42+00:00\",\"dateModified\":\"2019-12-23T14:58:42+00:00\",\"author\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/806673c5851717dc3067b1a46a6c060f\"},\"description\":\"he Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank President Akinw\",\"breadcrumb\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalwire.com.ng\/sub\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ECOWAS Endorses Adesina For Second Term As President, African Development Bank\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/806673c5851717dc3067b1a46a6c060f\",\"name\":\"Dayo Emmanuel\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/author\/dayo\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"ECOWAS Endorses Adesina For Second Term As President, African Development Bank - National Wire","description":"he Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank President Akinw","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/","og_locale":"en_US","og_type":"article","og_title":"ECOWAS Endorses Adesina For Second Term As President, African Development Bank - National Wire","og_description":"he Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank President Akinw","og_url":"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/","og_site_name":"National Wire","article_published_time":"2019-12-23T14:58:42+00:00","og_image":[{"width":696,"height":385,"url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2019\/10\/e5333399-akinwunmi-adesina-696x385.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Dayo Emmanuel","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/nationalwire.com.ng\/sub\/#website","url":"https:\/\/nationalwire.com.ng\/sub\/","name":"National Wire","description":"About Nigerians, Nigerian Business and Other Stories","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/#primaryimage","url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2019\/10\/e5333399-akinwunmi-adesina-696x385.jpg","contentUrl":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2019\/10\/e5333399-akinwunmi-adesina-696x385.jpg","width":696,"height":385,"caption":"Adesina"},{"@type":"WebPage","@id":"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/#webpage","url":"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/","name":"ECOWAS Endorses Adesina For Second Term As President, African Development Bank - National Wire","isPartOf":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/#primaryimage"},"datePublished":"2019-12-23T14:58:42+00:00","dateModified":"2019-12-23T14:58:42+00:00","author":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/806673c5851717dc3067b1a46a6c060f"},"description":"he Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank President Akinw","breadcrumb":{"@id":"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/nationalwire.com.ng\/sub\/ecowas-endorses-adesina-for-second-term-as-president-african-development-bank\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nationalwire.com.ng\/sub\/"},{"@type":"ListItem","position":2,"name":"ECOWAS Endorses Adesina For Second Term As President, African Development Bank"}]},{"@type":"Person","@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/806673c5851717dc3067b1a46a6c060f","name":"Dayo Emmanuel","url":"https:\/\/nationalwire.com.ng\/sub\/author\/dayo\/"}]}},"_links":{"self":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/37213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/comments?post=37213"}],"version-history":[{"count":1,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/37213\/revisions"}],"predecessor-version":[{"id":37219,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/37213\/revisions\/37219"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media\/35448"}],"wp:attachment":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media?parent=37213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/categories?post=37213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/tags?post=37213"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/coauthors?post=37213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}