Johannesburg - South Africa has taken a decision not to nominate a candidate for president of the African Development Bank, the finance ministry said on Wednesday.
“In May 2015, members of the AFDB will elect a new president. This is a critical time to select an individual who can build on the gains made through Africa’s rise over the past decade,” it said in a statement.
“South Africa has taken a decision not to nominate a candidate for this position.”
The ministry said the process of selecting a candidate within the Southern African Development Community (SADC) was currently underway, and South Africa would act in accordance with the collective decision of the region. - Sapa