By Donald Kaberuka Africa’s growth imperative should not exclude an environmentally friendly approach Typhoon Haiyan, which has so ravaged the Philippines, reminds us how vulnerable parts of the world are to the vagaries of weather. Although climate change is not believed to have caused the typhoon, similar levels of devastation …
Read More »Kaberuka tips Uganda on oil
By Ronald Musoke The president of the African Development Bank, Donald Kaberuka, has advised Uganda to exploit her oil and natural gas resources in an optimal manner if the country is to avoid repeating the mistakes the first generation African oil and gas producers like Nigeria have made over …
Read More »AfDB to use Africa’s foreign reserves cash for infrastructure projects
Kampala, Uganda | Ronald Musoke | The president of the African Development Bank (AfDB), Donald Kaberuka, has said the continental institution is in the process of convincing African states to use some of their savings held in foreign reserves to kick start several infrastructural projects to aid their economic transformation. Kaberuka who …
Read More »Africa and the brave new world
By Donald Kaberuka The idea that a system can deliver economic development while closing avenues for democracy is not consistent with sustainability Twenty years ago, someone coined the term “Afro pessimism.” Those were the days of large macroeconomic imbalances, unsustainable debt, slow or negative growth and a rather chaotic beginning …
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