African Development Bank on the move

Africa, it’s often said, is on the move, enjoying steady economic growth despite bursts of political upheaval, security threats and environmental hardship. It’s a continent full of potential, a continent in transition.

The same can be said about Africa’s largest multilateral development institution. Under the leadership of Donald Kaberuka, the African Development Bank has raised a record capital and — like the World Bank and other major donors — refocused its mission on inclusive, sustainable growth.

Now, as the bank prepares to celebrate its 50th anniversary, it’s in the midst of perhaps one of its most ambitious projects: the move back to Ivory Coast, home of AfDB’s headquarters until 2003, when civil war engulfed that West African nation.

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