Donald Kaberuka

Kaberuka of AfDB Urges Broader Economic Growth to Sustain Gains

African governments risk losing the economic gains they’ve made unless countries broaden the base of growth by educating poor children and creating jobs, African Development Bank President Donald Kaberuka said.

Zimbabwe's Economy Is `Stuck;' Ivory Coast `Dysfunctional,' AfDB Head Says

Zimbabwe’s economic progress has become “stuck” because of a lack of clarity on policy, while Ivory Coast is threatened with collapse amid a political crisis, said African Development Bank President Donald Kaberuka .

Africa Needs $360 Billion Infrastructure, Development Bank Says

Africa requires $360 billion of infrastructure investment in the next 30 years to spur industrial growth, said Donald Kaberuka, president of Africa Development Bank.

African Development Bank to Provide Financing Soon to Tunisia, Ivory Coast

The African Development Bank will disburse budget aid to Tunisia next month and is ready to quickly support Ivory Coast to help the countries deal with immediate financing needs in the wake of political turmoil, President Donald Kaberuka said.

Angola Seeks to Secure Infrastructure Loans From African Development Bank

Angola has asked the African Development Bank for loans to help rebuild its economy following a 27-year civil war, adding to funds from the International Monetary Fund and a possible international bond sale.

North Africa Revolts Prompt Africa Development Bank Fund Review

The African Development Bank is reviewing its funding to North African countries to focus on projects that boost jobs and reduce poverty after popular revolts in Egypt and Tunisia forced the collapse of governments.

African Development Bank Re-Elects Kaberuka of Rwanda as Its President

Shareholders of the African Development Bank re-elected Donald Kaberuka for a second five- year term in Abidjan, the commercial capital of Ivory Coast, today.

Africa Must Cut Product Subsidies to Push Growth, AfDB Says

African nations should reduce subsidies on products including fuel to increase their scope for stimulus spending as Europe sinks into recession, said African Development Bank President Donald Kaberuka.

African Development Bank Shareholders Approve Tripling of Its Capital Base

Shareholders of the African Development Bank approved the tripling of the lender’s capital base to almost $100 billion to help fund railways and power plants in the world’s poorest continent.

Africa Development Bank Aims to Triple Investment Funds Amid Second Crisis

The African Development Bank is seeking to triple the amount of funds it has available to invest in roads and power plants as the continent braces for the second crisis in two years emanating from outside its shores.

"The biggest single important thing to do to ensure inclusive growth is to make sure that the children of poor people end up in education."

- Donald Kaberuka on May 27, 2013

African Development Bank

Africa

World Bank

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