• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home People Profiles

Here is a profile of Akinwunmi Adesina, AfDB’s current President

Chacha Wabara by Chacha Wabara
October 24, 2017
in Profiles, Research Analysis
Here is a profile of Akinwunmi Adesina, AfDB’s current President
Share on FacebookShare on TwitterShare on Linkedin

Probably now more than ever before has Nigeria needed all the help it can receive from international institutions. One of these institutions that seems to be coming through for the country is the African Development Bank. Some would say this is not too surprising considering that its current president, Akinwumi Adesina, is a Nigerian. Here, we profile Akinwunmi Adesina.

Bio

Akinwumi Adesina was born in Ogun State, Nigeria on 6th February 1960. Adesina had early roots in the agricultural sector as his father was a farmer.

Education and academic qualifications

Akinwumi Adesina went on to read Agricutural Economics at undergraduate level at the Obafemi Awolowo University. He went further to undertake his postgraduate studies at Purdue University where he obtained a PhD in Agricultural Economics in 1988.

RelatedStories

Africa needs $402.2 billion annually by 2030 for structural transformation – AfDB President 

AfDB to unlock $10 billion for African farmers with new $500 million facility 

March 20, 2025
AfDB, AI

AfDB committed over $8b to water, sanitation projects across Africa

March 18, 2025

Career

His work career began at the West African Rice Development Association (WARDA) in the Ivory Coast, where he worked for 6 years as a senior economist. In addition, courtesy of winning a fellowship from the Rockefeller Foundation in 1988, he also worked as a senior economist with the Foundation until 199 when he was appointed as the representative of the Foundation for the southern African area. He held this position until he was promoted to an associate director for food security in 2003. Until his appointment as Minister in 2010, he was Vice President of Policy and Partnerships for the Alliance for a Green Revolution in Africa (AGRA).

In 2010, under the Goodluck Jonathan-administration, he was appointed the Minister of Agriculture. He held this post until the exit if the administration in 2015. His efforts were also recognized on a global scale as he was appointed as one of 17 global leaders to spearhead the Millennium Development Goals by the United Nations Secretary-General.

There was to be no time on the sidelines for Adesina, as despite the fact that the Goodluck Jonathan-administration was voted out of office on May 29, 2015, Adesina was elected the presumptive President of the African Development Bank on May 28. He began his tenure on September 1 and has continued influencing Nigerian economy, especially during the economic recession. He launched a strategy based on energy, agriculture, industrialization, regional integration and bettering Africans’ lives, a move approved by the Board of Directors.

Notable achievements

In his position as Vice President (policy and partnerships) of the Alliance for a Green Revolution in Africa (AGRA), he led several bold policy and innovative finance initiatives that leveraged over $4 billion in bank finance commitments towards Africa’s agriculture sector. Adesina was able to successfully lead one of the largest global efforts to leverage domestic bank finance for the agricultural sector with this drive.

During his tenure as Minister of Agriculture, he was responsible for spearheading the reform of a near-comatose agricultural system by introducing more transparency into the fertilizer supply chain and bringing up innovative ideas such as giving farmers mobile phones. As a result, Nigeria ended 40 years of corruption in the fertilizer sector by developing and implementing an innovative electronic wallet system, which directly provides farmers with subsidized farm inputs at scale using their mobile phones. This electronic wallet system reached 14.5 million farmers within the first years of its implementation. Adesina was also able to successfully attract $5.6 billion in private sector investment commitments as he changed the view of Nigerian farmers from subsistence farming to commercial farming.

Awards

Adesina, as expected has earned several awards, some of which include the 2017 World Food Prize, 2015 Extraordinary Achievement Award by Silverbird Television, 2013 Forbes African Person of the Year and the 2007 YARA Prize for the African Green Revolution in Oslo.

Family info

He is married to Grace Adesina and they have two children, Rotimi and Segun.


Follow us for Breaking News and Market Intelligence.
Tags: AdesinaAfrican Development BankGoodluck JonathanRockefeller Foundation
Chacha Wabara

Chacha Wabara

Chacha Wabara-Ogbobine is a Legal practitioner with over 9years post call experience. A research Consultant, professional writer and a blogger at heart,owner of four thriving websites with well over 10years of experience. Totally in love with keeping fit and coaching weight loss enthusiasts. I love my quiet time, being with my kids, watching TV series for hours on end.

Related Posts

Africa needs $402.2 billion annually by 2030 for structural transformation – AfDB President 
Agriculture

AfDB to unlock $10 billion for African farmers with new $500 million facility 

March 20, 2025
AfDB, AI
Business News

AfDB committed over $8b to water, sanitation projects across Africa

March 18, 2025
AfDB, AI
Business News

AfDB announces presidential candidates ahead of May 29 election 

February 21, 2025
FG Promissory Notes rise to N1.65 trillion, up 114% in one year under Tinubu 
Economy

President Tinubu endorses launch of African Credit Rating Agency for fairer assessments 

February 17, 2025
Africa50 to unveil $500 million fund to boost off-grid power, green infrastructure in Africa 
Energy

Africa50 to unveil $500 million fund to boost off-grid power, green infrastructure in Africa 

February 5, 2025
African Development Bank and USTDA extend partnership to boost quality infrastructure 
Business News

African Development Bank and USTDA extend partnership to boost quality infrastructure 

January 24, 2025
Next Post
Otedola

Reasons behind this Forte Oil HOLD recommendation

Comments 1

  1. Olagbaju Francis says:
    October 12, 2021 at 12:17 pm

    A great achiever.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Air Peace to begin direct Abuja–London Heathrow flights on Oct. 26 – Keyamo 
  • Nigeria recapitalizes Bank of Agriculture with N1.5 trillion, eyes regional food security leadership 
  • NDLEA seizes over 1 million opioid pills in Bauchi, intercepts cannabis, meth in Kaduna, Abuja 

Follow us on social media:

Recent News

Festus Keyamo,

Air Peace to begin direct Abuja–London Heathrow flights on Oct. 26 – Keyamo 

June 22, 2025
Farm infestation

Nigeria recapitalizes Bank of Agriculture with N1.5 trillion, eyes regional food security leadership 

June 22, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics