Vince Chadwick

3 weeks 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.

1 month ago | devex.com | Vince Chadwick

You can’t take it with you when you’re gone. Just ask Bill Gates. The global development world is still processing the announcement last week that the Gates Foundation will sunset on Dec. 31, 2045, having spent another $200 billion (on top of the roughly $100 billion it has spent to date, on global health, advocacy, and much else). Gates issued a statement, gave an interview to The New York Times, and didn’t sugarcoat things for an audience in New York last week.

2 months ago | devex.com | Vince Chadwick |Colum Lynch

The head of the United Nations’ chief sexual and reproductive health agency told her staff she planned to step down on July 15, months before her term was scheduled to end in early October. Dr. Natalia Kanem, executive director of the U.N. Population Fund, UNFPA, informed U.N. Secretary-General António Guterres and the agency’s executive board president of her plans to step down this summer. “It’s time to pass on the baton,” she said in a videotaped address to staff, obtained by Devex.

2 months ago | devex.com | Vince Chadwick

Spending cuts at home are limiting the bloc's ability to respond. Publicly, the European Commission says it “cannot fill the gap” as the United States leaves its role as the Western world’s top donor of foreign aid.

2 months ago | devex.com | Adva Saldinger |Vince Chadwick

Leslie Maasdorp is not new to development finance, but he is new to the helm of British International Investment, the U.K. development finance institution. He’s challenged the status quo in the past: In a 2021 opinion piece in the Financial Times, he argued that multilateral development banks don’t actually need their coveted AAA ratings and could increase their lending capacity if they weren’t wedded to it.