Sunday, November 10, 2013

African Development Bank President Donald Kaberuka named African of the Year 2013 by Africa's media

African Development Bank President Donald Kaberuka. PHOTO/File

African Development Bank President Donald Kaberuka was last week named African of the year by Africa's media in recognition of his innovative idea which led to the establishment of “Africa 50 Fund” to speed up the financing of infrastructure in Africa.

The Africa 50 fund is an African-funded model that is reducing donor dependence in delivering big infrastructure projects. The Africa 50 fund, which is heavily backed by

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