Economy

SA pledges support for new African Development Bank President

Date: May 31, 2025

South Africa's (SA) Finance Minister, Enoch Godongwana, has extended his congratulations and full support to Sidi Ould Tah, the newly elected President of the African Development Bank (AfDB) Group.

Tah, backed by his home country Mauritania, secured the presidency with over 70% of the ballots in a closely contested election.

Speaking following the announcement, Godongwana acknowledged the calibre of all candidates involved, including SA’s own nominee, Bajabulile Swazi Tshabalala, who was among the front-runners in the race.

"We had about five capable candidates and therefore we had to contend in an environment like that," said Godongwana. “And I think we wish Mauritania and the new President very well and will throw our support behind the new President.”

--SABC/ChannelAfrica--

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