HomeBusiness DigestMakoni upbeat on chances at ADB

Makoni upbeat on chances at ADB

Staff Writer

DESPITE a diplomatic standoff between Harare, Britain and the United States, Dr Simba Makoni remains optimistic that he will land the post of African Development Bank president, come May 18.

Makoni is the Sadc candidate for the ADB presidency but has to stave off stiff competition from six other candidates. There are 77 countries that make up the ADB — 53 African countries and 24 non-African states.

The ADB is owned 60% by African countries while non-African countries own the remainder.

Makoni said a campaign team had been set up with emissaries from President Robert Mugabe having visited East Africa (Ethiopia and Sudan), Central Africa (Gabon and Niger) and Uganda.

Niger is the current chair of Ecowas. He said the emissaries would also visit North Africa (Algeria, Tunisia and Morocco) and West Africa (Ghana, Senegal and Nigeria).

Makoni, who faces competition from Nigerian Bisi Ogunjobi said the Sadc council of ministers had devised a six-point plan that would determine the campaign trail.

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