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AfDB Presidency Up for Grabs at Bank's Meeting in Abidjan

Current head of the African Development Bank, Donald Kaberuka.

The African Development Bank (AfDB) is currently holding its 50th annual meeting Cote d’Ivoire capital, Abijan, where seven candidates, including a Zimbabwean, have lined up to take the coveted post of president of the bank.

Zimbabwe’s Thomas Sakala, who retired from the bank last year where he held the post of vice president, was also in charge with the AfDB’s regional programs.

VOA’s Linord Moudou said the race is on for replacing outgoing bank chief, Dr. Donald Kaberuka of Rwanda.

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Economic commentator Rejoice Ngwenya of the Liberal Market Solutions said Zimbabwe stands to benefit immensely if Sakala lands the post.

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Other candidates vying for the post are from Nigeria, Chad, Cape Verde, Sierra Leone, Mali and Tunisia.