Middle East & Africa | Too important to fail

Is weak governance harming the African Development Bank?

Several incidents raise troubling questions about one of Africa’s most important banks

2H5AKTM DR AKINWUMI A. ADESINA, 2021
|DAKAR

In the middle of July 2020, Roland Michelitsch slipped out of his home in Ivory Coast, taking almost nothing with him. He quietly got into an armoured Land Rover and drove to a boatyard where he abandoned the vehicle. And then he disappeared. Mr Michelitsch was not a spy or criminal mastermind. He was a banker of the least glamorous sort—the independent evaluator general of the African Development Bank (afdb). Yet he had fled the country fearing for his life.

This article appeared in the Middle East & Africa section of the print edition under the headline “Too important to fail”

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