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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
News
Nigeria Launches Ambitious 10-Year Agrifood Plan to Transform Agriculture and Boost Food Security
Nigeria Launches Ambitious 10-Year Agrifood Plan to Transform Agriculture and Boost Food Security
By: Michael Olukayode
Nigeria’s agricultural sector is entering what policymakers describe as a defining decade, with the Federal Government unveiling a 10-year Agrifood System Strategy and Action Plan designed to reposition agriculture from a largely production-focused activity into a complete economic ecosystem built around food security, value creation, resilience and inclusive growth.
The strategy, launched in Abuja on July 23, 2026, is Nigeria’s framework for domesticating the African Union’s Comprehensive Africa Agriculture Development Programme (CAADP) Kampala Declaration (2026–2035), and is being positioned as a major attempt to address longstanding challenges that have limited the country’s agricultural potential.
At the centre of the new agenda is a recognition that Nigeria’s food challenge is not simply about producing more crops, but about building a system capable of supporting farmers, reducing losses, expanding processing, attracting investment and ensuring that agriculture contributes more significantly to national development.
Speaking at the Agrifood System Working Group Meeting, the Minister of Agriculture and Food Security, Senator Abubakar Kyari, described Nigeria’s agrifood system as a critical pillar of the economy, noting that it supports the livelihoods of more than 70 per cent of the population, drives rural economies, contributes significantly to GDP and holds enormous potential for job creation, foreign exchange earnings and inclusive growth.
“When our agrifood system thrives, Nigeria thrives,” the minister said, stressing the need for a transformation that goes beyond traditional agricultural interventions.
Moving Beyond Fragmented Agricultural Policies
For decades, Nigeria has introduced several agricultural programmes aimed at improving food production and supporting farmers. However, many have struggled to deliver lasting transformation due to challenges including inconsistent implementation, weak coordination, limited financing and inadequate infrastructure.
The new strategy attempts to take a different approach by adopting an integrated agrifood systems model.
Kyari explained that the plan was developed in alignment with the CAADP Kampala Declaration, which builds on previous continental commitments under the Maputo and Malabo Declarations but goes further by focusing on value chain development, resilience, inclusivity and good governance rather than production alone.
The minister said President Bola Ahmed Tinubu directed the development of the 10-year strategy because food security must be treated as a national security priority. He noted that the government’s objective is to move beyond isolated projects and create a coherent, bankable and implementable roadmap for long-term agricultural transformation.
Governance at the Heart of Transformation
A major theme running through the new strategy is governance.
Kyari argued that governance is the foundation upon which sustainable production, investment, food security, inclusivity and resilience must be built. He maintained that without strong governance structures, the ambitious objectives of the Kampala Declaration cannot be achieved.
This emphasis reflects a major lesson from Nigeria’s agricultural history: increasing production requires more than inputs. It requires reliable institutions, effective coordination between federal and state governments, accurate data, accountability and policies that remain consistent beyond political cycles.
Nigeria’s Continental Leadership Role
The International Fund for Agricultural Development (IFAD) described Nigeria’s new strategy as a landmark achievement, noting that the country has become the first nation to develop a national strategy and action plan for domestication of the CAADP Kampala Declaration.
According to IFAD, the achievement demonstrates Nigeria’s commitment to translating continental agricultural ambitions into concrete national actions and provides a model that other African countries can follow in implementing the Kampala Declaration through nationally owned frameworks.
The development agency commended the Federal Ministry of Agriculture and Food Security, government institutions, development partners, private sector actors, research organisations, farmer groups, women and youth organisations whose contributions shaped the strategy.
Putting Farmers, Women and Youth at the Centre
A major feature of the new framework is its focus on inclusion.
IFAD noted that the strategy recognises that sustainable agrifood transformation can only happen when smallholder farmers, women, young people, rural communities and vulnerable populations are placed at the centre of policy and investment decisions.
The strategy also incorporates cross-cutting issues such as climate resilience, nutrition, gender equality, youth empowerment, disability inclusion and support for internally displaced persons.
This approach reflects a growing understanding that agricultural development is not only about increasing output, but also about improving livelihoods and expanding opportunities for millions of Nigerians who depend on farming and related activities.
Digital Agriculture and Modern Farming
Another important element highlighted by IFAD is the emphasis on digital transformation.
The development agency noted that digital tools could become a major driver of efficiency in Nigeria’s agricultural sector through farmer registries, climate advisory services, electronic extension services, digital financial platforms, market information systems and data-based decision-making.
If successfully implemented, digital agriculture could improve transparency, expand access to services and help millions of farmers adopt modern production techniques.
Investment, Processing and Value Addition
The Federal Government has also highlighted ongoing interventions aimed at strengthening the agricultural value chain.
Kyari said government programmes have financed hundreds of thousands of farmers through the Bank of Agriculture’s Smallholder Financing and Value Chain Fund, distributed fertilisers and improved seeds, introduced a Guaranteed Minimum Price mechanism and expanded support for farmers across production cycles.
Other initiatives include Special Agro-Industrial Processing Zones designed to bring processing infrastructure closer to farming communities, agricultural mechanisation programmes involving the deployment of tractors and equipment, and efforts to reposition Nigeria’s cocoa industry through improved seedlings.
The focus on processing is particularly significant because Nigeria has historically exported many agricultural commodities in raw form, limiting income opportunities for farmers and reducing the country’s ability to capture greater value from its agricultural resources.
The Challenge Ahead: Turning Strategy Into Results
Despite the optimism surrounding the new framework, implementation remains the biggest test.
Nigeria’s agricultural transformation will depend on sustained financing, effective coordination, infrastructure development, climate adaptation measures and the ability to ensure that policies reach smallholder farmers across the country.
Kyari acknowledged the importance of collaboration, stating that the Agrifood System Working Group would provide oversight, review progress, identify gaps and support solutions through cooperation among government institutions, development partners, academia, farmers’ associations and civil society organisations.
IFAD similarly stressed that successful implementation would require continued political commitment, coordinated action, adequate financing, strong accountability mechanisms and sustained collaboration among stakeholders.
Nigeria’s new agrifood strategy therefore represents both an opportunity and a test. The opportunity lies in transforming agriculture into a major engine of economic growth, employment and food security. The test lies in whether the country can overcome the implementation challenges that have affected previous reforms.
As Kyari concluded, transforming Nigeria’s agrifood system will require political will, governance capacity and collective resolve. The next decade will determine whether this latest agricultural roadmap becomes a turning point or another ambitious plan waiting for full implementation.
Nigeria Launches Ambitious 10-Year Agrifood Plan to Transform Agriculture and Boost Food Security
News
Nigeria Calls for Calm as Houthi-Saudi Arabia Tensions Raise Fresh Regional Security Concerns
Nigeria Calls for Calm as Houthi-Saudi Arabia Tensions Raise Fresh Regional Security Concerns
By: Michael Mike
The Federal Government of Nigeria has appealed for urgent de-escalation between Yemen’s Houthi movement and the Kingdom of Saudi Arabia following renewed tensions and reported attacks, warning that further hostilities could worsen insecurity in the Middle East and threaten civilian lives.
Nigeria, through the Ministry of Foreign Affairs, expressed deep concern over the unfolding situation and urged all parties to exercise maximum restraint, avoid retaliatory actions and embrace dialogue as the pathway towards resolving their differences.
In a statement issued on Sunday, the ministry said Nigeria remained committed to the principles of peaceful dispute resolution, international law and the objectives of the United Nations Charter.
“The Federal Government of Nigeria notes with deep concern the ongoing tensions and reported attacks involving the Houthi militia in Yemen and the Kingdom of Saudi Arabia,” the statement said.
“Nigeria strongly calls on all parties to exercise maximum restraint, immediately de-escalate the situation, and refrain from any further actions that could inflame hostilities or endanger civilian lives and regional peace and stability.”
The government stressed that any escalation of the conflict could have wider implications for regional security, adding that diplomacy and peaceful engagement remained the most effective means of preventing further deterioration.
The tensions between the Houthis and Saudi Arabia are rooted in Yemen’s prolonged conflict, which has become one of the world’s most complex humanitarian and geopolitical crises.
The Houthi movement, also known as Ansar Allah, emerged in northern Yemen and gained significant influence after taking control of Yemen’s capital, Sana’a, in 2014. The development triggered a military intervention by a Saudi-led coalition in 2015, which backed Yemen’s internationally recognised government against the group.
The conflict has since resulted in widespread destruction, displacement and a severe humanitarian crisis, with millions of Yemenis affected by food insecurity, limited access to healthcare and damaged infrastructure.
Although periods of relative calm and diplomatic efforts have reduced the intensity of fighting in recent years, tensions between the Houthis and Saudi Arabia have continued to pose a major security challenge. The Houthis have previously carried out missile and drone attacks targeting Saudi territory, while Riyadh has responded with military operations.
The conflict has also drawn wider regional attention due to its links with broader rivalries in the Middle East and concerns over the security of key trade routes, particularly around the Red Sea.
Nigeria has consistently advocated peaceful resolution of international disputes and has called for dialogue in conflicts affecting global stability.
The Federal Government reaffirmed its readiness to support genuine initiatives aimed at reducing tensions, restoring calm and promoting lasting peace in the region.
The statement, signed by Kimiebi Imomotimi Ebienfa, spokesperson for the Ministry of Foreign Affairs, emphasised Nigeria’s continued support for diplomatic solutions and the protection of civilian populations affected by conflicts worldwide.
As regional and international actors monitor developments, Nigeria urged all stakeholders to prioritise peace and stability over further confrontation.
Nigeria Calls for Calm as Houthi-Saudi Arabia Tensions Raise Fresh Regional Security Concerns
News
Suspected Benin Republic vigilantes kill two Fulani men in Niger border community
Suspected Benin Republic vigilantes kill two Fulani men in Niger border community
By Zagazola Makama
Police have launched a manhunt for suspected vigilantes from the Republic of Benin following the killing of two Fulani men in Rafin-Kala Village, via Gallah, in Agwara Local Government Area of Niger State.
Sources told Zagazola Makama that the incident occurred at about 9:00 p.m. on July 23, when the suspected vigilantes allegedly crossed into the border community and attacked the victims with machetes.
The victims were identified as Mohammed Sani, 26, and Adamu Sani, 30, who were reportedly hacked to death during the attack.
Following a distress report, the Divisional Police Officer (DPO) mobilised detectives and tactical teams to the scene.
The bodies of the deceased were evacuated to the General Hospital, Agwara, where they were deposited for autopsy.
Police sources said investigations have commenced, while efforts are ongoing to identify, track and arrest the perpetrators behind the cross-border attack.
The incident is under investigation.
Suspected Benin Republic vigilantes kill two Fulani men in Niger border community
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