**African Development Bank Appoints Leading Economist as President to Tackle Funding Issues: Hilarity Ensues!**
In a groundbreaking move that has left economists scratching their heads and comedians rolling on the floor, the African Development Bank (AfDB) has appointed renowned economist Dr. Penny Wise as its new president. Dr. Wise, who previously served as Chief Financial Officer for the fictional “Bank of Imaginary Wealth,” is set to tackle the bank’s notorious funding issues with a strategy that involves a mix of innovative thinking and a questionable amount of magic.
“Dr. Wise is the perfect choice,” said AfDB spokesperson, Mr. Cash Flow. “She once turned a $5 bill into a $20 bill using nothing but a rubber band and a lot of wishful thinking. We believe she can do the same for our funding!”
In her inaugural speech, Dr. Wise promised to “bring the bank into the 21st century” by introducing a revolutionary new funding model based on crowd-sourcing and bake sales. “Why not sell cookies and cupcakes to fund infrastructure projects?” she quipped. “I mean, who can resist a good chocolate chip cookie? Not even the IMF!”
Critics, however, are skeptical. “I’m not sure how selling cookies will help build roads,” said Dr. N. O. Money, a rival economist. “But if it involves free samples, I’m in!”
In a surprising twist, Dr. Wise also announced plans to launch a new cryptocurrency called “AfroCoin,” which she claims will “revolutionize the way we think about money.” When asked how it works, she simply replied, “It’s like Bitcoin, but with more dancing!”
As the world watches with bated breath, one thing is clear: the AfDB is in for a wild ride. Whether it’s cookies, crypto, or a sprinkle of magic, Dr. Penny Wise is determined to make funding fun again. And if all else fails, she’s got a backup plan involving a giant inflatable giraffe to attract investors. Because who wouldn’t want to fund a project with a giraffe involved?
