AfDB president 'reformed infrastructure operations'
31 August 2010
Donald Kaberuka, African Development Bank (AfDB) group president, is set to commence his second five-year mandate and according to the organisation, has had a transformative effect on its infrastructure operations.
He was victorious by a process of acclamation earlier this year at the group's Annual Meetings in Abidjan, Cote d'Ivoire.
The news may have caught the attention of those keen to see enhanced energy and transport connections introduced to the continent, with the AfDB claiming that its regional integration, infrastructure and governance strategy has helped earn the respect of observers under Mr Kaberuka's stewardship.
Furthermore, the organisation noted that Todd Moss of the Center for Global Development in Washington stated: "At the G20, if there is an African issue, who are the shareholders going to turn to as a credible voice? It's Kaberuka."
The AfDB - which was founded in 1964 - aims to reduce the effects of poverty and accelerate social and economic development across the continent.