CAJ News Agency (Johannesburg)

15 May 2014

Rwanda Honoured to Host AFDB Meeting

Kigali — RWANDA welcomed the decision by the African Development Bank Group (AfDB) to host its annual meeting in the country. The five-day meeting starts on Monday next week.

Heads of State, Finance Ministers and Central Bank Governors from the Bank's 54 regional member countries will attend the meeting.

It will attract more than 2 500 delegates representing multilateral finance institutions, development agencies, the private sector, non-governmental organizations and civil society.

The annual meetings theme this year is “The next 50 Years: The Africa we want.”

Claver Gatete, Rwandan Minister of Finance and Economic Planning, said Rwanda was honored to host the event.

“This landmark occasion, which also coincides with the 20th commemoration of the Genocide against the Tutsi, is a testament of our long standing cooperation with the Bank.”

AfDB has supported Rwanda since 1974, and been central to Rwanda's economic recovery.

“The Bank's interventions in infrastructure, agriculture and rural development, and human capital development have contributed to our structural transformation efforts.” said Gatete.

The bank's President, Dr Donald Kaberuka, said the AfDB was proud to be part of Rwanda's quest for economic transformation.

“The Bank's new Ten-Year Strategy is very relevant to what Rwanda is trying to achieve - inclusive growth, ensuring that this growth is sustainable through a gradual transition to green growth and a robust human capital development,” he stated.

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