Duke University honors African Development Bank Group President and three others

America’s Duke University today conferred honorary doctorate degrees on four recipients during its 2022 Commencement ceremonies in Durham, North Carolina.,
Duke University President Vincent E. Price (left) shares a moment with African Development Bank Group President Akinwumi Adesina and Mrs Adesina
Duke University President Vincent E. Price’s words of appreciation to African Development Bank Group President Dr. Akinwumi Adesina

Evaluation of ADB’s Procurement System, 2014–2021

Procurement plays a big part in development effectiveness, and the quality of public procurement practices is a major determinant of effective public spending. The Asian Development Bank (ADB) generates around $9.5 billion a year for the procurement of goods and services though loans and grants to its client countries. Before 2017, ADB’s procurement processes largely followed a rule-based system with an emphasis on compliance.