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South Africa’s Tshabalala Announces Candidacy For African Development Bank Presidency
South Africa’s Tshabalala Announces Candidacy For African Development Bank Presidency
By: Michael Mike
Former senior vice president of the African Development Bank (AfDB), Bajabulile Swazi Tshabalala, has officially announced her candidacy for the presidency of the institution.
Tshabalala’s bid comes with the full support of the South African government, signalling confidence in her leadership potential and vision for the future of the continent.
Finance minister Enoch Godongwana said Tshabalala was an exceptional leader with a proven track record in finance, infrastructure, and economic development.
“Her extensive experience at the African Development Bank and beyond makes her the ideal candidate to lead the institution into a new era of financial resilience and impact-driven growth,” Godongwana said.
“South Africa fully supports her candidacy and believes that under her leadership, the AfDB will play an even greater role in accelerating Africa’s economic transformation and unlocking opportunities for all its people.”
Tshabalala will be bringing over three decades of experience in infrastructure finance, hybrid capital solutions, and economic development to the table. She has played a pivotal role in mobilising capital for Africa’s pressing development needs, leading the AfDB’s financial response during the COVID-19 pandemic and innovating funding mechanisms now adopted globally.
Her candidacy symbolises a commitment to a robust and agile AfDB that prioritises infrastructure development and economic opportunity for the continent.
Tshabalala, in a statement, said she had a bold vision to build a strong AfDB with “innovative financing” to infrastructure challenges in the continent.
She noted that: “Africa stands at a pivotal moment, and the African Development Bank must rise to meet the continent’s ambitions with bold, strategic action.”
She revealed that: “My vision is to build a financially strong, results-driven AfDB that prioritises infrastructure, expands innovative financing solutions, and strengthens partnerships to unlock Africa’s full economic potential. This is not just about investment—it’s about delivering real, lasting impact for African nations and their people.”
Tshabalala first joined the AfDB in 2018, rapidly ascending to the role of senior vice president in 2021, which she held until her resignation in January 2024. Before this, she held significant leadership roles at Old Mutual Employee Benefits, Standard Bank Group, and Transnet, gaining invaluable experience in managing large-scale infrastructure projects.
Her tenure as CEO of the Industrial Development Group from 2006 to 2014 demonstrated her ability to drive investment across key sectors in Africa.
According to her, this candidacy transcends the quest for leadership; it embodies a promise to realise the AfDB’s mission of transforming lives across the continent.
Infrastructure development is set to be a cornerstone of her presidency.
Tshabalala emphasised that reliable infrastructure—roads, ports, railways, energy systems, and digital networks—is fundamental for sustainable economic growth. Drawing from her experience at Transnet, where she facilitated the expansion of critical logistics hubs, she understands that well-executed infrastructure initiatives can significantly boost long-term economic activity.
Her introduction of hybrid capital financing at the AfDB stands as a testament to her innovative approach. This financing mechanism enables multilateral development banks to attract private sector investments while maintaining financial stability, a method that has now found resonance with other global financial institutions. Her strategic vision includes expanding the use of such hybrid instruments to deepen the AfDB’s funding base, positioning it as a robust financier for transformative projects.
Beyond her core focus on infrastructure, Tshabalala advocates for gender equality and youth empowerment within the AfDB’s operational strategy. As a leading African woman, she is determined to ensure that policies and funding support opportunities for women entrepreneurs, young professionals, and small businesses, ensuring inclusive and sustainable growth across the continent.
The election for the next President of the African Development Bank is scheduled for 29 May 2025 during the Annual Meeting of the Board of Governors in Abidjan, and Tshabalala is expected to active engage with stakeholders throughout Africa and beyond, sharing her vision for a financially resilient and impact-driven AfDB—a critical engine for sustainable growth.
South Africa’s Tshabalala Announces Candidacy For African Development Bank Presidency
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Swift Troops’ Intervention Foils Attack on School, Saves Students in Kogi
Swift Troops’ Intervention Foils Attack on School, Saves Students in Kogi
By: Zagazola Makama
The timely intervention of security troops has prevented what could have been a major attack on students writing the ongoing West African Senior School Certificate Examination (WASSCE) in Iluke Community, Kabba-Bunu Local Government Area of Kogi State.
Eyewitnesses who spoke after the incident commended the swift response of the troops, saying their prompt arrival at the scene prevented the attackers from carrying out a mass abduction of students.
The attack occurred when armed men stormed the community and started shooting where students were writing their examinations.
According to eyewitness accounts, the assailants attempted to seize the students and move them into a nearby bush before security personnel responded to distress calls from residents.
“The situation would have been much worse if the soldiers had not arrived when they did. Their intervention saved the students and prevented what could have been a major tragedy,” one resident said.
Another eyewitness described the response of the troops as timely and professional, noting that the security operatives engaged the attackers and forced them to abandon their mission.
The residents said the arrival of the troops compelled the attackers to retreat from the area.
All the students were reportedly safe and unharmed and safely reunited with their families following the operation.
Community members also praised local security volunteers and other security agencies that supported the operation.
The incident, however, left the community in mourning following the death of three residents during the attack.
Security sources said one of the attackers was neutralised during the exchange of fire, while several others escaped with gunshot wounds.
A security operation is ongoing to track down the fleeing suspects and prevent further attacks in the area.
Residents of Iluke Community expressed gratitude to the troops for their courage and sacrifice, describing the intervention as a decisive action that prevented a larger humanitarian crisis.
They urged security agencies to sustain the ongoing operations and strengthen security presence in vulnerable communities across the area.
The Kogi State Government has also commended the troops and other security personnel involved in the operation, assuring residents of its commitment to safeguarding lives and property.
Swift Troops’ Intervention Foils Attack on School, Saves Students in Kogi
News
Digital Education: VP Shettima Lauds ProFuturo Foundation, Kukah Centre Partnership
Digital Education: VP Shettima Lauds ProFuturo Foundation, Kukah Centre Partnership
Says training of 1,150 teachers, 72,000 students aligns with President Tinubu’s Renewed Hope Agenda
By: Our Reporter
The Vice President, Senator Kashim Shettima, has applauded the partnership between the Kukah Centre and the ProFuturo Foundation in support of quality digital education, especially in vulnerable communities across the country.
He said the foundation’s initiative for digital education aligns with the nation’s quest for skills education through the National Council on Skills and the Renewed Hope Agenda of the administration of President Asiwaju Bola Ahmed Tinubu.

Senator Shettima stated this, Wednesday, when he received on a courtesy visit to the Presidential Villa, a delegation from the Kukah Centre and the ProFuturo Foundation led by Bishop Matthew Kukah.
The Vice President who had earlier been briefed on the successes recorded in the digital education initiative of the ProFuturo foundation in Nigeria, expressed fulfilment with the feat attained in school enrolment as well as the quality of training and teaching since the commencement of the partnership in 2017.
He noted that though a lot have been achieved over the past years, there is still more grounds, given Nigeria’s growing population amidst competition in the allocation of scarce resources across the country.
Senator Shettima proposed an interface between the implementing partners of the digital education initiative and critical stakeholders such as the National Board for Technical Education (NABTE), the Industrial Training Fund (ITF), the Federal Ministry of Education, Universal Basic Education Commission (UBEC).
He said the interaction is to facilitate the cross-pollination of ideas that can help produce robust solutions to the issue of school enrolment in parts of Nigeria.

The Vice President also assured the delegation of his desire to introduce the ProFuturo initiative to the National Economic Council (NEC) for the purpose of digitizing the Universal Basic Education Boards across the country.
Earlier, the Founder of the Kukah Centre and leader of the delegation, Bishop Matthew Kukah, said the delegation was at the Presidential Villa to show solidarity with the administration of President Tinubu in the area of digital education.
He noted that Vice President Shettima’s commitment to the digital education initiative across the country was a demonstration of critical leadership necessary to proper Nigeria for the next phase of global development anchored on digital skills.
In his remarks, the Deputy Director to the President of the ProFuturo Foundation, Mr Albert Martinez, said the implementation of the initiative in Nigeria was supported by the combination of a strong local capability and commitment as well as a dedicated political leadership.
He also stated that since inception the project in Nigeria has continued to make significant strides as a result of the dedication of stakeholders to adjust where necessary to enable the partners to deepen and expand the ProFuturo digital education initiative.
Giving an overview of the programme implementation, the project coordinator, Dr Emmanuel Nkanta, said since its launch, 13 states, 123 schools, 72,000 students as well as 1,150 teachers have been impacted by the digital education initiative of the ProFuturo Foundation.

He noted there was need to bring on board more partners and improve funding to scale the interventions across the country.
Also present at the meeting with the Vice President were the Minister of Budget and Economic Planning, Senator Abubakar Bagudu; Head of Global Operations of the ProFuturo Foundation, Mr Tomas Mensi, and The Executive Secretary of the Universal Basic Education Commission (UBEC), Dr Aisha Garba, among other officials.
Digital Education: VP Shettima Lauds ProFuturo Foundation, Kukah Centre Partnership
News
Troops Record Major Breakthroughs as 1 Division Neutralises 24 Bandits, Rescues194 Hostages, in Kaduna Theatre
Troops Record Major Breakthroughs as 1 Division Neutralises 24 Bandits, Rescues
194 Hostages, in Kaduna Theatre
By Zagazola Makama
In a security environment marked by persistent threats from banditry, kidnapping, attacks on rural communities and attempts to sabotage critical national infrastructure, the Nigerian Army’s 1 Division and Sector 1 of Operation FANSAN YAMMA have continued to assert their operational dominance across parts of the North-West and North-Central regions.
The achievements of the formation during the first quarter of 2026 paint a picture of an aggressive, intelligence-driven and multidimensional military campaign aimed at denying criminal elements freedom of action while simultaneously building public confidence through non-kinetic engagements.
These successes were highlighted during an interaction with defence correspondents by the Chief of Staff, 1 Division Nigerian Army and Operation FANSAN YAMMA, Brig.-Gen. Timothy Opurum, who represented the General Officer Commanding (GOC) 1 Division and Commander Sector 1 Operation FANSAN YAMMA, Major General Muhammed Wase,
According to the military hierarchy, the Division remains one of the most strategically significant formations of the Nigerian Army, overseeing a vast operational area that cuts across Kaduna, Kano and Niger States. The formation commands several combat and support units, including formations in Kano and Niger States, the 26 Armoured Brigade and the 24 Reconnaissance Battalion, while coordinating security operations through six operational subsectors.
At the forefront of the Division’s operational strategy is the sustained deployment of ground and air assets in coordinated operations against armed bandits and terrorist elements operating within its area of responsibility.
Throughout the period under review, troops of the Division maintained a high operational tempo through a combination of offensive and defensive actions designed to disrupt criminal activities and dismantle terrorist infrastructure.
These operations included fighting patrols, ambushes, raids, clearance operations and targeted offensives against identified criminal enclaves.
The GOC noted that the primary objective was to deny bandits and terrorists freedom of movement, cut off their logistics routes, destroy their camps and prevent attacks against communities and strategic infrastructure.
The results, according to operational records presented during the briefing, were significant.
A total of 194 kidnapped victims were rescued through various military operations conducted across the Division’s area of responsibility. The rescued victims were freed from captivity following coordinated intelligence-led missions carried out by troops operating in difficult terrains and remote locations.
The successful rescue operations not only deprived criminal networks of financial gains but also restored hope to affected families and communities.
Beyond the rescue operations, troops arrested 36 suspected bandits and criminal collaborators, many of whom are believed to have provided logistics, intelligence and other forms of support to criminal groups operating within the region.
Wase explained that targeting support networks remains a critical component of ongoing counter-banditry operations, as criminal groups often rely heavily on informants, suppliers and local facilitators to sustain their activities.
The offensive operations also led to the neutralisation of 24 terrorists and violent extremists during engagements with troops. The elimination of these combatants was achieved during various combat encounters, ambushes and clearance operations conducted by units deployed across the operational theatre.
The neutralisation of these elements, military authorities noted, has significantly weakened the operational capabilities of criminal groups in several flashpoints within the Division’s area of responsibility.An equally important aspect of the Division’s achievements was the recovery of a substantial cache of weapons, ammunition and military-related equipment.
During the period under review, troops recovered more than 1,200 rounds of ammunition, alongside 1,212 assorted ammunition cartridges and 28 magazines from criminal elements.
He noted that every weapon or ammunition recovered from the battlefield translates into reduced firepower available to criminal groups and potentially fewer attacks on innocent civilians.
The recoveries also illustrated the effectiveness of intelligence gathering and follow-up operations conducted after military engagements.
Military authorities believe that disrupting access to weapons and ammunition remains one of the most effective ways of degrading the combat capabilities of armed groups operating in the North-West and North-Central regions.
Beyond kinetic operations, the Division also achieved notable successes in disrupting the economic foundations of criminal enterprises.
Troops recovered livestock estimated at over 2,000 animals, many of which had been rustled from rural communities by bandits.
Cattle rustling has long remained a major driver of insecurity in parts of Northern Nigeria, providing criminal groups with a lucrative source of revenue. By recovering stolen livestock and returning them to their rightful owners, the military not only inflicted financial losses on criminal networks but also restored livelihoods to affected communities.
The Division also recovered N874,625 believed to be proceeds linked to criminal activities.
The military high command noted that attacking the financial lifelines of criminal organisations remains essential in reducing their operational capacity and limiting their ability to recruit, procure weapons and sustain their operations.
In addition, troops recovered numerous communication devices, motorcycles and other operational equipment used by criminal groups for coordination, mobility and logistics.
One of the most critical aspects of the Division’s mandate is the protection of strategic national infrastructure. The operational environment under 1 Division includes assets of immense national importance such as the Kainji Hydroelectric Dam, power generation facilities and the Abuja-Kaduna railway corridor.
They revealed that troops maintained robust security coverage around these installations to prevent sabotage attempts by criminal and terrorist groups.
The protection of these assets remains vital not only for national security but also for economic stability, energy generation and transportation across the country.
Beyond kinetic operations, the Division has increasingly embraced non-kinetic approaches as part of a broader strategy to address the root causes of insecurity and build stronger relationships with local communities.
He explained that in line with the Chief of Army Staff’s command philosophy, which emphasises strategic partnerships and cooperation, the Division has strengthened collaboration with sister services, intelligence agencies and other security stakeholders.
This approach has facilitated improved intelligence gathering, information sharing, joint planning and coordinated execution of operations.
A key component of these efforts was the organisation of the Second Edition of the Security Stakeholders Engagement Forum in Kaduna State, which brought together security agencies, traditional leaders, community representatives and other critical stakeholders to discuss emerging security threats and collective responses.
Military authorities believe such engagements have enhanced public trust and encouraged communities to provide actionable intelligence that has contributed significantly to operational successes.
Troops Record Major Breakthroughs as 1 Division Neutralises 24 Bandits, Rescues
194 Hostages, in Kaduna Theatre
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