AfDB: All Set For Adesina’s Second Term Inauguration Today

'Dotun Akintomide
Writer

Ad

Cuts to US oil jobs and spending threaten output growth

The U.S. oil industry has laid off thousands of workers and cut billions in spending due to lower oil prices and the biggest consolidation in a generation, in what could mark the end of the rapid output growth that made the U.S. the world's top producer. The Organization of the Petroleum Exporting Countries and its…

‘Godfather of AI’ says the technology will create massive unemployment and send profits soaring — ‘that is the capitalist system’

Pioneering computer scientist Geoffrey Hinton, whose work has earned him a Nobel Prize and the moniker “godfather of AI,” said artificial intelligence will spark a surge in unemployment and profits. In a wide-ranging interview with the Financial Times, the former Google scientist cleared the air about why he left the tech giant, raised alarms on potential threats from AI,…

News Corp Announces Resolution of Murdoch Family Trust Matter

News Corporation ("News Corp" or the "Company") (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) today announced that the trustee and beneficiaries of the Murdoch Family Trust ("MFT") informed the Company that they have reached a mutual resolution of the legal proceedings in Nevada related to the MFT, resulting in the termination of all litigation. New trusts…

Ad

Re-elected president of the African Development Bank (AfDB), will be sworn-in today as he kick-starts his second term of five years at the bank.

A statement by the bank said the swearing in ceremony will be attended by Heads of States, Governors and external stakeholders.

The virtual ceremony will start at 9am GMT.

It will be conducted in compliance with the Covid-19 pandemic-related social distance guidelines, and broadcast online.

A globally renowned development economist, World Food Prize Laureate and Sunhak Peace Prize Laureate, Dr. Adesina has distinguished himself in driving a bold agenda to reform the Bank and accelerate Africa’s development.

He was first elected as President of the Bank on May 28, 2015. He was re-elected unopposed last week, winning unanimous votes of all the governors of the bank.

Expected to be present at the bank for the event that will be streamed live is the new chairman board of governors of the bank, Kenneth Ofori-Atta, Ghana’s minister of finance.

Also expected is the former chairman of the board, Ivorian Niale Kaba.

The secretary-general of the AfDB Group, Professor Vincent Nmehielle will read Akinwunmi’s citation, before the oath taking.

The inauguration proceedings can witnessed via the following links:

Vimeo: https://vimeo.com/452838432(link is external)
YouTube: https://youtu.be/1UKmCe8RS24(link is external)
YouTube Channel: https://www.youtube.com/c/AfDBGroup/(link is external)

Facebook Page: https://www.facebook.com/AfDBGroup(link is external)
AfDB TV: https://play.google.com/store/apps/details?id=com.app.afdbtv(link is external)

Android / IoS: https://apps.apple.com/us/app/afdb-tv/id1500047879?ls=1(link is external)

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp