{"id":21986,"date":"2020-04-20T20:18:16","date_gmt":"2020-04-20T19:18:16","guid":{"rendered":"http:\/\/thefreezonechannel.com\/?p=21986"},"modified":"2020-04-20T20:18:16","modified_gmt":"2020-04-20T19:18:16","slug":"african-energy-endorses-adesina-afdb-boss-for-second-term","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/african-energy-endorses-adesina-afdb-boss-for-second-term\/","title":{"rendered":"African Energy endorses Adesina, AfDB boss for second term"},"content":{"rendered":"\n<p><strong>By Tanko Mohammed<\/strong><\/p>\n\n\n<p>The African Energy Chamber has endorsed President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, for his second term bid.<\/p>\n\n\n<p>The African Energy Chamber reports that it from time to time disagreed with the AFDB, but it is a force for good in Africa and have seen a lot of changes under Dr Adesina.<\/p>\n\n\n<p>&#8220;The African Energy Chamber endorses and supports the candidacy of this champion for energy in Africa, based on a sterling record in his first term, and his prioritizing of electricity access as a pillar of the bank\u2019s activities.<\/p>\n\n\n<p>&#8220;Energy poverty is a challenge and he is the best suited person to confront this challenge.<\/p>\n\n\n<p>&#8220;Dr Adesina brought strong experience of private-sector led growth and wholesale reform from his successful tenure as Nigeria\u2019s minister of agriculture from 2011 to 2015.\u2019\u2019<\/p>\n\n\n<p>&nbsp;As president of AfDB from 2015, it said Adesina led comprehensive much needed reform programs and new initiatives that have put the bank at the forefront of African development financing on the global stage.<\/p>\n\n\n<p>Dr. Adesina has worked hard to bring an independent voice to the African Development Bank that believes in free markets principles and good governance.<\/p>\n\n\n<p>&#8220;His fight for accountability and responsibility in all facets of the AFDB have brought positive changes not only to the AFDB but to everyday Africans and the results are impressive.\u2019\u2019<\/p>\n\n\n<p>It listed some key initiatives to include the decentralization of AfDB\u2019s activities to regional offices, the launch of the Africa Investment Forum in 2018, and significant progress towards meeting the African Union\u2019s 2063 goals through the bank\u2019s High 5 strategic priorities \u2013 one of which is \u2018Light Up and Power Africa\u2019. Through its work in this area, AfDB has helped bring power access to 18 million people.<\/p>\n\n\n<p>The Africa Investment Forum, held for the first time in 2018 in Johannesburg, mobilized $38.7 billion of investment into Africa, and $40.1 billion in its 2019 edition.<\/p>\n\n\n<p>\u201cDr. Akinwumi Adesina\u2019s achievement is twofold. He has positioned and firmly established the African Development Bank as the primary actor in development financing in Africa, with a huge emphasis on energy and a reform-based, private-sector led approach. He has matched this with a commitment to putting people first.,\u201d said NJ Ayuk, Chairman of the African Energy Chamber.<\/p>\n\n\n<p>\u201cFor many years, the AFDB did not mean much to everyday Africans, the energy sector and African businesses.&nbsp;<\/p>\n\n\n<p>Dr Adesina changed that and over the last few years, his uncanny ability to transcend and embrace Africa\u2019s diversity has been a huge plus to the continent.<\/p>\n\n\n<p>The coalitions he has built with Americans, Europeans, Asians have all been for the benefit our continent and improving quality of life in a huge way for millions of people through investments in electricity access and its advocacy for energy sustainability.\u201d Added Ayuk<\/p>\n\n\n<p>Under Dr Adesina\u2019s leadership, the AfDB has supported the building of renewable energy facilities. It has been a steady voice in promoting the responsible use of Africa\u2019s energy resources and action on mitigating the impact of climate change on African economies.<\/p>\n\n\n<p>\u201cAfrica should use what it has and not what it doesn\u2019t have. We have limitless sunshine and great potential for wind, hydro and geothermal,\u201d he said on the sidelines of the COP22 climate change conference in 2016. \u201cWe need a balanced energy mix. Some African countries have gas and coal, which can be used in a clean way, and they should use it.\u201d<\/p>\n\n\n<p>The challenges facing millions of Africans with from Covid 19, infrastructure deficit, energy poverty, transparency and economic diversification are greater than ever before, and Africa needs individuals like Dr Adesina in leadership positions to help the AFDB better serve this continent that many of us call home.<\/p>\n\n\n<p>It is with careful consideration that the African Energy Chamber and the private sector supports another term for Dr. Akinwumi Adesina, a man of compassion, integrity, and action as President of AfDB for a healthier and a more hopeful Africa.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Tanko Mohammed The African Energy Chamber has endorsed President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, for his second term bid. The African Energy Chamber reports that it from time to time disagreed with the AFDB, but it is a force for good in Africa and have seen a lot of changes [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13610,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[126],"tags":[],"class_list":["post-21986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade-and-industry","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>African Energy endorses Adesina, AfDB boss for second term - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/african-energy-endorses-adesina-afdb-boss-for-second-term\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"African Energy endorses Adesina, AfDB boss for second term - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"By Tanko Mohammed The African Energy Chamber has endorsed President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, for his second term bid. 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