AfDB President Kaberuka Calls On World Leaders to Find Ways to Boost Global Economic Growth

SPONSOR WIRE

The President of the African Development Bank Group, Donald Kaberuka, on Tuesday, January 22, called on world leaders to come together to debate ways to boost global economic growth. Speaking on the eve of the World Economic Forum in Davos, Switzerland, Kaberuka said: "Now more than ever, there is a critical need for leaders from all corners of the world to come together and brainstorm on solutions that will give global economic growth a big push. This time round, the challenge for all of us, is how to ensure that this growth becomes inclusive and sustainable."

On Tuesday, President Kaberuka took part in the International Eminent Persons Panel in Geneva, set up by Nigerian President Goodluck Jonathan to advise as well as help mobilize international support for Nigeria's bold plans to transform its agricultural sector. The Eminent Persons Group included Bill Gates, co-Chair of the Bill and Melinda Gates Foundation, and Kofi Annan, Chair of the Alliance for a Green Revolution in Africa (AGRA), among others.

President Kaberuka also met Prime Minister Morgan Tsvangirai of Zimbabwe, with whom he discussed the Bank's ongoing support particularly in the water and energy sectors.

On Wednesday, the AfDB President took part in a World Economic Forum panel, which reflected on some of the key issues impacting human development such as fiscal austerity and growing inequalities.

Speaking about the socio-economic progress Africa has made over the past decade, Kaberuka said: "Africa is indeed rising. It has shown remarkable resilience in the face of global financial and economic uncertainty, and it continues to grow. Our communal task is to spur that growth, to mobilize all those that can drive it - from new investors to new entrants onto the African job market - and to ensure that the fruits of Africa's economic growth are shared by all."

On Thursday, January 24, Kaberuka, who is also Chair of the World Economic Council on Africa, will moderate a special working dinner on the theme of "Africa's promise", to be attended by 10 African Heads of State and Government.

Copyright © 2013 African Development Bank. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.