Kaberuka Thanks AfDB Governors

African Development Bank President Donald Kaberuka underlined the importance of regional governors’ support for efforts to raise the bank’s general capital. At the close of an AfDB governors’ meeting in Tunis on Feb. 12, Kaberuka commended regional governors for approving a 200 percent hike in the bank’s capital, which aims to increase lending to poor African states and the private sector as well as fund climate change initiatives.

About the author

  • News placeholder image

    Tarra Quismundo

    Tarra Quismundo joined Devex Manila as a staff writer in October 2009 after more than six years of working as a reporter for the Philippine Daily Inquirer, a nationwide daily, for which she covered major breaking news in politics, military, police and international affairs. Tarra's Devex News coverage focuses on key Asian donors and top aid officials around the globe.