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“Africa has lost a decade of growth” – Akinwumi Adesina on COVID-19

African Development Bank President denies allegations of ill-governanceAfrican Development Bank President denies allegations of ill-governance
African Development Bank President denies allegations of ill-governance

A speech by Akinwumi Adesina as he stood for a second term as President of the African Development Bank:

“As we meet today, the world has changed. A global COVID-19 health pandemic has

upended all plans – including travels. Health and safety have become primary for all

decision making. That’s why the Governors of the Bank took the extraordinary decision to

hold the Annual Meetings virtually — for the first time in the history of the Bank.

Extraordinary times require extraordinary measures. I applaud the Governors of the

Bank for your wisdom, sensitivity and leadership.

The COVID-19 pandemic is spreading fast and causing much havoc and untold

hardships. Lives lost — too many. Jobs lost — unimaginable. Economic losses —too deep

and vast to fathom.

Our collective humanity has never been so challenged — so tested, so vulnerable. Yet

our interdependency, our need for pulling together, uniting and staying focused together,

has never been more important.

For in unity we build strength. Strength to overcome, even the most challenging of


Pulling together has always been the strength of the African Development Bank.

We pulled together right here in Abidjan, where you the shareholders approved the

largest capital increase in the history of the Bank – raising the capital of the Bank by $115


We pulled together, yet again, in Pretoria, South Africa, and gave the African

Development Fund 35% increase in financing – financing so crucial to low income countries

and fragile states.

Fragility is transient, resilience is enduring.

Today as you look at Côte d’Ivoire, you would not remember it also was a fragile state.

Yet, today, based on visionary leadership, sound macroeconomic policies and people centered policies, it has changed dramatically.

Today, like beauty from ashes, the country

ranked among the top 10 fastest

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South Africa’s Nedbank Group CFO Raisibe Morathi resigns

(Reuters) – South Africa’s Nedbank Group said on Tuesday Raisibe Morathi has resigned as the chief financial officer (CFO) and executive director of Nedbank Group and Nedbank boards with effect from Sept. 30.

Mike Davis has been appointed as CFO designate with immediate effect and as the group’s CFO from Oct. 1, the financial services provider said in a statement.

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Biden/Harris could Facilitate Biafra Referendum if they win

Nikolas Ajagu from Nimo, Anambra State with wife (Meena Harris) and children posing with Kamala Harris


I have often suggested to some of our brothers and sisters in IPOB that Trump may not facilitate  the attainment of Biafra because of the following reasons

He may not be in the White House after 2020, but many of our brothers and sisters in IPOB understandably have placed so much hope on Trump to the point that many Biafrans are praying hard for Trump to win re-election. If I may ask, what effort has Trump made towards the issue of Biafra in the past three and a half years that he has been in office?

The issue of Biafra will eventually be taken up by the United Nations when the time comes hopefully sooner than later. Nevertheless, the President of the United States can help through lobbying other countries and heads of states to support the Biafra Referendum when the matter comes up

Most African votes including Igbo votes in the United States would not be cast for Trump in the coming Presidential election. The President has angered most leaders in Europe and elsewhere that many may not even support any idea coming from Trump so he has a very negative effect right now on the world stage

IPOB should stop openly embracing Trump for President for these reasons I understand that many of our people in IPOB in Nigeria and other places do not understand the internal dynamics of American socio-political conundrum and its ramifications for Presidential elections so their wishes alone will not win the election for the President.

What I will advise IPOB and other Biafra activists to do is to begin building bridges and connections with the Democrats Joe Biden and Kamala Harris who is most likely going to win the November 3 US Presidential election. More importantly, Biafra Independence efforts and activities should focus on the United Nations.

Kamala already understands some of our problems in Nigeria. Her niece is married to an Igboman Nikolas Ajagu from Nimo in Anambra state, so they already may have some emotional connections to problems facing us. If they win, they will restore America’s respect and prestige across the world which may create a positive environment for the Biafra issue making it easier for countries to support the Biafra Referendum in the United Nations.

Okechukwu Oranika is Retired Professor of Political Science and Public Administration  at Grand Canyon University in Phoenix Arizona



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