9 May 2013
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African Development Bank (Abidjan)

Kaberuka Named Africa's "Infrastructure Investment Personality of the Year"

press release

African Development Bank President Donald Kaberuka was designated on May 7, 2013, in Cape Town, South Africa, the "Infrastructure Investment Personality of the Year" for 2013. The award was granted during the Africa investor (Ai) Infrastructure Investment Summit and awards ceremony.

The award celebrates Kaberuka's efforts in driving innovative infrastructure investment programs across the continent and recognizes the Bank's instrumental role in driving Africa's infrastructure agenda. The Bank's proficiency in the transport sector was acknowledged with the award for the "Transport Deal of the Year" for the Henri Konan Bédié Toll Bridge in Abidjan, Côte d' Ivoire, which it helped to finance.

AfDB Regional Director for Southern Africa, Ebrima Faal, accepted the award on behalf of Kaberuka during the session on "Banking Unsolicited Bids in Africa".

The Africa investor (Ai) Infrastructure Investment Summit is the premier business development forum for infrastructure investors, fund managers, project development, project sponsors and Public Private Partnership (PPP) policy-makers. The summit is aimed at facilitating the development of bankable infrastructure investment projects from developers and sponsors, as well as serving as a discussion forum for investors and infrastructure regulators.

The ceremony involved the participation of the Chairperson of the African Union, Nkosazana Clarice Dlamini-Zuma, who stressed the importance of infrastructure and the need to boost investments into Africa by Africans through initiatives such as the Programme for Infrastructure Development in Africa (PIDA), a joint initiative lead by the African Union Commission (AUC), the NEPAD Secretariat and the AfDB. She also stated that sustainable development of the continent could only be achieved by the combined enhancement of infrastructure and human capital with a strong emphasis on female inclusion.

The awards ceremony celebrated achievements across the main infrastructure sectors in Africa, but also rewarded the personalities driving transactions and improving the continent's infrastructure investment climate.

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