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A new era at the African Development Bank, and Trump’s rescission package
This week, Akinwumi Adesina stepped down as the chief of the African Development Bank after a 10-year tenure. He was replaced by Sidi Ould Tah at the helm of the institution, who is promising reform, new partnerships, and a focus on jobs — even as the bank confronts tight budgets and a looming African Development Fund replenishment.
In the United States, the Trump administration proposed another $5 billion cut to foreign aid spending through a move known as a “pocket rescission.” This proposal builds on the cancellation of roughly $8 billion in foreign aid funding in July. We take a look at the controversial maneuver, which has not been used since 1977.
To dig into these stories, and others, David Ainsworth sits down with Michael Igoe and Ayenat Mersie for the latest episode of our podcast series.
Sign up to the Devex Newswire and our other newsletters.
In the United States, the Trump administration proposed another $5 billion cut to foreign aid spending through a move known as a “pocket rescission.” This proposal builds on the cancellation of roughly $8 billion in foreign aid funding in July. We take a look at the controversial maneuver, which has not been used since 1977.
To dig into these stories, and others, David Ainsworth sits down with Michael Igoe and Ayenat Mersie for the latest episode of our podcast series.
Sign up to the Devex Newswire and our other newsletters.
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By Devex | Global Development
3.9
88 ratings
This week, Akinwumi Adesina stepped down as the chief of the African Development Bank after a 10-year tenure. He was replaced by Sidi Ould Tah at the helm of the institution, who is promising reform, new partnerships, and a focus on jobs — even as the bank confronts tight budgets and a looming African Development Fund replenishment.
In the United States, the Trump administration proposed another $5 billion cut to foreign aid spending through a move known as a “pocket rescission.” This proposal builds on the cancellation of roughly $8 billion in foreign aid funding in July. We take a look at the controversial maneuver, which has not been used since 1977.
To dig into these stories, and others, David Ainsworth sits down with Michael Igoe and Ayenat Mersie for the latest episode of our podcast series.
Sign up to the Devex Newswire and our other newsletters.
In the United States, the Trump administration proposed another $5 billion cut to foreign aid spending through a move known as a “pocket rescission.” This proposal builds on the cancellation of roughly $8 billion in foreign aid funding in July. We take a look at the controversial maneuver, which has not been used since 1977.
To dig into these stories, and others, David Ainsworth sits down with Michael Igoe and Ayenat Mersie for the latest episode of our podcast series.
Sign up to the Devex Newswire and our other newsletters.
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