The present, future belong to your generation, AfDB’s Adesina tells young graduands

AFRICAN Development Bank Group President Akinwunmi Adesina (AfDB) has called on young university graduates to sieze the moment and be instruments of change in a world beset by increasing socio-economic challenges.

Delivering the keynote speech at America’s Calvin University Commencement ceremony, Adesina told the audience, including 700 graduates, “The world faces many simultaneous challenges, promising a future of exciting and infinite possibilities, in which you have a role to play,”

Foremost among these challenges are climate change, food insecurity and a lack of universal access to affordable healthcare, he added.

AfDB’s Adesina seeks bold reforms, projects 4% GDP growth for Africa

AfDB’s Adesina seeks bonds commitment from Africans in diaspora

AfDB confirms $1bn support to Nigeria’s 20,500 MSMEs

AfDB gives SEC $460,000 for capital market surveillance project

Adesina shared with the graduates the difficult times and conditions he went through as a university student at America’s Purdue University.

During that period, Adesina said, he ran out of the small stipend he had and often had to walk many kilometres, enduring the winter cold, to and from lectures.

“One day a bus driver came to my aid by topping up my transport fare. I also drew the sympathy of my professors, who rallied to pay for  tuition and upkeep.

“Many years later, I won the World Food Prize, the Nobel Prize for Agriculture,” he recalled.

He then enthused, “How could my professors have known at the time that they were helping someone who would later become a World Food Prize laureate?

“How would they have known they were helping someone who would later become president of the African Development Bank Group? In front of me today I see builders and shapers of hope.

“You have been well prepared to go into the world to be the change makers. You have received a world-class education. You have been exposed to great ideas, and you’ve worked alongside faculty and students from all around the world.”

In his remarks, Calvin University’s president Wiebe Boer extolled Adesina’s qualities as “a man of great accomplishments.”

Calling Adesina his mentor, Boer said, “Everywhere he goes, no matter how high, no matter how powerful, no matter how big the checkbook, he never forgets those less fortunate.”

Nain Miranda Duarte, the president of Calvin University’s Student Senate, recounted the economic difficulties his family endured and how he had benefited from people’s generosity from his early days in the slums of Nicaragua to be a graduate from a top American university.



    Duarte said the combined income of his parents then was only $50 a month, which amounted to only $1.67 a day for a family of seven.

    “Together, we stand here today because of those who decided to be God’s hands and feet and who actively exemplified the power of generosity. Class of 2023, it is my turn, it is your turn, to be that anonymous donor that allows others to finish their high school education. It is our turn to make impossible dreams a reality,” Duarte said.

    Adesina was first elected president of the AfDB Group in 2015 as the institution’s eighth head.

    Under his leadership, the bank achieved its highest capital increase in 2019. Last year, the African Development Bank Group and donor countries agreed to an $8.9 billion replenishment of the African Development Fund (ADF), which provides concessional loans and grants to low income African countries.

    Harrison Edeh is a journalist with the International Centre for Investigative Reporting, always determined to drive advocacy for good governance through holding public officials and businesses accountable.

    Join the ICIR WhatsApp channel for in-depth reports on the economy, politics and governance, and investigative reports.

    Support the ICIR

    We invite you to support us to continue the work we do.

    Your support will strengthen journalism in Nigeria and help sustain our democracy.

    If you or someone you know has a lead, tip or personal experience about this report, our WhatsApp line is open and confidential for a conversation


    Please enter your comment!
    Please enter your name here

    Support the ICIR

    We need your support to produce excellent journalism at all times.

    - Advertisement


    - Advertisement