Bajabulile Swazi Tshabalala has announced her candidacy for the presidency of the African Development Bank, supported by the South African government. With over 30 years of experience in finance and infrastructure development, she aims to lead the AfDB towards sustainable growth through innovative financing and gender equality initiatives. The election is scheduled for May 29, 2025.
Bajabulile Swazi Tshabalala, former senior vice president of the African Development Bank (AfDB), has announced her candidacy for the presidency of the institution. Her bid, endorsed by the South African government, signifies confidence in her leadership abilities and vision for Africa’s future. Finance Minister Enoch Godongwana praised her as an exceptional leader with extensive experience in finance, infrastructure, and economic development.
Tshabalala brings over 30 years of expertise in infrastructure finance, economic development, and hybrid capital solutions. She has a notable track record in mobilizing capital for Africa’s development needs and led the AfDB’s financial response during the COVID-19 pandemic. Her candidacy is a commitment to making the AfDB a dynamic force for infrastructure development and economic opportunity across the continent.
In her vision statement, Tshabalala expresses her desire to create a robust AfDB focused on innovative financing solutions for infrastructure challenges in Africa. She stated, “Africa stands at a pivotal moment… the African Development Bank must rise to meet the continent’s ambitions with bold, strategic action.” She aims to build a financially strong bank that delivers significant impact for African nations.
Joining the AfDB in 2018, Tshabalala quickly rose to senior vice president and left in January 2024. She previously held key roles at notable organizations like Old Mutual and Transnet, managing large infrastructure projects. Her leadership record at the Industrial Development Group showcased her capability in driving investment across crucial African sectors.
Tshabalala emphasizes the importance of reliable infrastructure—roads, ports, railways—for sustainable economic growth. Her experience at Transnet underscores her belief that sound infrastructure drives long-term economic activity. Her innovative hybrid capital financing at the AfDB has enabled attracting private investments without compromising financial stability.
In addition to infrastructure, Tshabalala advocates for gender equality and youth empowerment, focusing on policies that support women entrepreneurs and young professionals. As a prominent African woman, she aims for inclusive growth in the AfDB’s operational strategy.
The election for the next AfDB president is set for May 29, 2025, during which Tshabalala aims to share her vision for a resilient and impactful bank that serves as a catalyst for sustainable growth in Africa.
Bajabulile Swazi Tshabalala’s candidacy for the AfDB presidency marks a significant step towards elevating Africa’s economic development. With her extensive experience in infrastructure finance and commitment to inclusive growth, Tshabalala is positioned to lead the AfDB into a transformative era. Her focus on innovative financing and gender empowerment further strengthens her vision for a resilient economic future for the continent.
Original Source: www.arise.tv
