AfDB: African Chamber says US mistaken about Adesina

The Pan African Chamber of Commerce and Industry say the American Treasury department is mistaken about its call for a fresh probe of the president of African Development Bank, Akinwumi Adesina.

The vice president of the chamber, Adetokunbo Kayode, on Thursday called for engagement with Washington on the issue.

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A statement by Olawale Rasheed, Director, Policy Centre of the Abuja Chamber of Commerce and Industry, said a virtual chat on African post-pandemic recovery posited that the Treasury Department must consider programmes of the US State Department to see how helpful to Africa and Washington Adesina had been by his innovative support and stabilisation of Africa through the AfDB.

“It is very sad that one of Africa’s best is being dragged around over what I will call a non-issue. The man was not accused of embezzling or diverting bank’s money. If anything , he increased the bank’s capitalisation and ensured investment in real sector to take the continent out of under-development”, Adetokunbo said.