'Let’s Go to Work! I’m Ready!' — Sidi Ould Tah Sworn in as Ninth President of African Development Bank

© telegram sputnik_africa / Go to the mediabank'Let’s Go to Work! I’m Ready!' — Sidi Ould Tah Sworn in as Ninth President of African Development Bank
'Let’s Go to Work! I’m Ready!' — Sidi Ould Tah Sworn in as Ninth President of African Development Bank - Sputnik Africa, 1920, 01.09.2025
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'Let’s Go to Work! I’m Ready!' — Sidi Ould Tah Sworn in as Ninth President of African Development Bank

Dr. Sidi Ould Tah was sworn in on Monday at AfDB headquarters in Abidjan, following his election as head of the pan-African financial institution on May 29.

The Mauritanian diplomat and economist, who previously led BADEA, aims to mobilize the AfDB to tackle Africa’s major challenges: raising over $400 billion annually for infrastructure, leveraging the continent’s demographic dividend, and diversifying financing sources.

“Africa must act now. Industrialization cannot wait, and African raw materials must be processed on African soil,” he emphasized.

Ould Tah highlighted the AfDB’s role, saying, “Its legitimacy and expertise are crucial in helping African governments navigate a difficult global economy.”

He concluded, “Africa is watching. The youth are waiting. It is time for action.”

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