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Article: ADB's cloak and dagger elections. (African Development Bank)(Focus on Banking)
- Article from:
- African Business
- Article date:
- October 1, 1995
- Author:
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Copyright informationCOPYRIGHT 1995 IC Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Anver Versi reports on the web of intrigue that surrounded the recent election of the new President for the African Development Bank.
A Machiavellian drama of shifting loyalties, midnight deals and broken promises surrounded the election to find a successor to Mr Babacar Ndiaye, the African Development Bank's outgoing President, during a tense two days in August.
The special meeting, over August 2526, had been called because the original elections, in Abuja in May, had ended in stalemate.
In an atmosphere bristling with power politics, the battlelines had been drawn between the three strongest candidates: Lesotho's Mr Timothy Thahane, Morocco's Mr Omar Kabbaj and ...