Dr. Samuel Maimbo: A Visionary Leader and Candidate for the Presidency of the African Development Bank (AfDB) at a time when Africa stands at a critical juncture in its economic development, Samuel Maimbo's candidacy for the presidency of the African Development Bank (AfDB) carries significant weight. As Vice President at the World Bank and a recognised expert in economic development, Maimbo has already demonstrated his capabilities by mobilising an impressive USD93 billion for International Development Association (IDA 20). He embodies the qualities of a leader capable of steering the institution toward new heights while addressing the continent's pressing challenges.
AN EXEMPLARY CAREER
Samuel Maimbo boasts an impressive track record. With a doctorate and an MBA, he began his career at PricewaterhouseCoopers (PwC) and within Zambia's public administration before spending 23 years at the World Bank, where he held various key positions. His extensive experience in project financing, resource mobilisation, and financial inclusion makes him an ideal candidate to lead the AfDB at a time when innovative approaches are crucial.
AFRICA'S ECONOMIC SITUATION
As Africa continues to face significant economic challenges, particularly in the aftermath of the devastating impacts of the COVID-19 pandemic, the role of the AfDB is more critical than ever. With 67% of global poverty concentrated in sub-Saharan Africa and persistent inequalities, Dr. Maimbo will need to strike a delicate balance between fostering growth and ensuring social justice. Key issues such as energy transition, infrastructure financing, and inclusive development, particularly for women and youth remain top priorities for African governments.
In this context, Dr. Maimbo proposes strengthening the AfDB's role as a driver of sustainable growth on the continent. His strategy focuses on improving access to financing for key sectors such as agriculture, digital technologies, and renewable energy to support resilient and inclusive local economies.
VISION FOR THE FUTURE
With a clear vision, Dr. Samuel Maimbo aims to enhance AfDB's impact by emphasising innovation and improving financing mechanisms. He advocates for strategic partnerships between the public and private sectors, a fundamental approach to mobilise the capital needed for ambitious projects that can transform African economies.
Dr. Maimbo also prioritises increased efforts to combat climate change, which threatens nearly every aspect of development on the Continent. By integrating environmental considerations into all AfDB-funded projects, he seeks to ensure that development initiatives are sustainable and resilient to future crises.
Samuel Maimbo represents a logical choice to become the next President of the African Development Bank. His experience, innovation-driven vision, and commitment to sustainable and inclusive development directly address Africa's challenges. At a time when strong and enlightened leadership is desperately needed, Dr. Maimbo is well-positioned to guide the AfDB into a new era of efficiency and transformational impact. His election could mark a pivotal moment for Africa's economic future.
