Ayenat Mersie
🇪🇹🇺🇸 journalist in Nairobi. Probably wishing someone would turn down the volume
Articles
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4 days ago |
devex.com | Vince Chadwick |Ayenat Mersie
Tah brings a familiar profile and a network of relationships, particularly with Gulf donors, that may reshape AfDB’s direction. Plus, the future of blended finance amid aid cuts, and the road to the Financing for Development summit in Seville. Sidi Ould Tah is stepping into one of Africa’s most influential economic roles — and into the shoes of Akinwumi Adesina, a president who tripled the African Development Bank’s capital over the last decade.
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1 week ago |
devex.com | Ayenat Mersie
Sidi Ould Tah, a Mauritanian with 35 years of experience in international and African finance, including seven years as minister of economic affairs and finance, has been elected the ninth president of the African Development Bank. The election comes at a critical time. Overseas development aid is declining sharply, while tariffs, volatile commodity prices, and erratic global markets rattle African economies.
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2 weeks ago |
devex.com | Ayenat Mersie
The U.S. is shifting its Africa policy toward investment and commercial diplomacy, with a six-point strategy that puts ambassadors in dealmaking roles and positions the Lobito Corridor as a model for future engagement. The Trump administration is dialing up its commercial pitch to Africa, shifting from an aid-heavy model to one rooted in investment, infrastructure, and dealmaking — and an “America First” foreign policy.
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2 weeks ago |
devex.com | Ayenat Mersie
The Bezos Earth Fund has awarded seed grants to 24 early-stage AI projects focused on climate and nature, marking the first phase of its $100 million initiative. The Bezos Earth Fund has announced the 24 winners of its artificial intelligence “grand challenge,” distributing $50,000 each to early-stage projects that aim to use AI to address climate change and biodiversity loss.
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2 weeks ago |
devex.com | Ayenat Mersie
On May 29 in Abidjan, Côte d’Ivoire, the African Development Bank will pick its next president — and the timing couldn’t be more pivotal. With traditional aid budgets under pressure and demand for development finance rising, this election isn’t just about choosing a boss. It’s also a high-stakes decision about the bank’s future direction, focus, and priorities.
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