Uhuru bids farewell to African Development Bank chief

June 25, 2015
President Kenyatta bids farewell to AfDB boss Donald Kaberuka. Photo/ PSCU
President Kenyatta bids farewell to AfDB boss Donald Kaberuka. Photo/ PSCU

, NAIROBI, Kenya, Jun 25 – President Uhuru Kenyatta has praised the African Development Bank for the role it has played in supporting Africa’s development agenda.

He said AfDB is today the biggest development partner on the Africa as the continent’s economic fortunes improve.

“African Development Bank is today the singular most important development partner not just of Kenya but for the entire continent” said President Kenyatta on Wednesday.

He said the bank has been at the forefront of African and regional integration, adding that integration is the key to Africa’s development.

President Kenyatta spoke when he bid farewell to the outgoing AfDB President of AfDB Donald Kaberuka at State House, Nairobi.

The President thanked Kaberuka for transforming the bank into an institution that has stood with African countries.

On his part, Kaberuka said Kenya is one of the strongest partners of the bank.

He said AfDB is satisfied with the progress the country is making and with how the money it has lent for projects has been used.

“The track record of your government shows that the money we have lent is well spent,” he said. “Not only are you succeeding in encouraging democracy and strengthening governance but you are also meeting the demands of regional security and continuing on the path of development.”

Latest Articles

Business Podcasts

Live prices

Stock Market

Most Viewed