Akinwumi Adesina named African Man of the Year

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The President of the African Development Bank, Akinwumi Adesina, has been named as the African of the Year by Forbes Africa.

Adesina has taken the bank to an enviable height with the bank’s indelible marks adorning African continent.

Recently, the bank’s Board of Governors approved a capital increase of $115 billion, moving the Afrcan Development Bank’s capital from $93 billion to $208 billion.

This was the highest height ever attained by the bank in the history since 1964.

With this new general capital increase, the African Development Bank said it poised to do more for the continent through its various ambitious projects.

Reacting to the Forbes Africa’s award, Adesina said he’s humbled and greatly honoured to be singled out and named the African of the Year from more than 1.25 billion people in the continent.


According to him, “I am humbled and greatly honoured to be named African of the Year by Forbes Africa.

“My darling wife, Grace, has always been my rock with her love, wise counsels, prayers and support. Forbes Africa’s ‘African of the Year’ Award is jointly shared with Grace. Thank you very much honey! 

“African of the Year Award by Forbes Africa: I give a big ‘High 5’ to all the amazing staff and highly supportive Boards of Governors and Directors of the African Development Bank Group. Together, we continue to fast-track Africa’s development!”

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