Addis Ababa, 20 February 2015 (WIC) -Three African finance ministers are among eight candidates in the running to replace Donald Kaberuka as president of the African Development Bank (AfDB).

Ethiopia’s Sufian Ahmed, Chad’s Kordje Bedoumra and Cristina Duarte from Cape Verde have been nominated for the position, the lender said in an e-mailed statement on Friday. The other candidates include Nigerian Agriculture Minister Akinwumi Adesina and Mali’s Birama Boubacar Sidibe, who is vice president of operations for the Islamic Development Bank.

Kaberuka, 63, a former Rwandan finance minister, will end his second five-year term in August. The AfDB’s board of governors will elect the new president on May 28 during the bank’s annual meeting in Abidjan, which is the commercial capital of Ivory Coast where the lender is based.

The other candidates are Jaloul Ayed, a former finance minister in Tunisia, Thomas Sakala, a vice president at the AfDB and Sierra Leone’s Foreign Affairs Minister Samura Kamara. (Bloomberg)