15 Things You Need To Know About The New AfDB President

Written by Dana Sanchez
Donald Kaberuka Photo: in2eastafrica.net
Donald Kaberuka
Photo: in2eastafrica.net

Big shoes to fill

The outgoing African Development Bank President Donald Kaberuka first gained international prominence for undertaking sweeping economic reforms as finance minister in post-genocide Rwanda. His 10-year AfDB presidency was considered highly successful, according to investment and risk mitigation firm Covington.

Kaberuka’s term ends on Aug. 31, 2015. Under his leadership, the AfDB made major improvements in delivery of critically needed infrastructure and technical advice, both of which contributed substantially to the sustained economic growth that Africa has seen in the past decade.

Source: COVAfrica