President Donald Kaberuka On Visit to Djibouti

5 February 2008
Content from a Premium Partner
African Development Bank (Abidjan)
press release

The African Development Bank (AfDB) Group President, Donald Kaberuka, paid an official visit from 3-4 February 2008. He was received in audience by Djibouti's President, Omar Guelleh, and held discussions with the country's Prime Minister, Dileita Mohamed Dileita, as well as with the governor of the central bank.

During the visit, Mr. Kaberuka and the Minister of Finance, Planning and Economic Development, Ali Farah Assoweh, signed two grant agreements on a sanitation project in the city of Djibouti to the tune of 6.5 million Units of Account (UA), equivalent to 6.97 million Euros and a mobilisation project for the supply of water for domestic and agricultural use in rural areas worth 1,937,000 Euros, to be financed by the African Development Fund (ADF).

In keeping with his policy of ensuring that Bank Group interventions achieve concrete results on the ground, president Kaberuka visited development projects financed by the Bank Group in particular, the fishing Port, the Balbala, microfinance projects as well as the huge site of the future port of Doraleh. "This visit," said President Kaberuka "has enabled me to see with my own eyes the enormous progress accomplished in the country in these past years, particularly in the areas of road and ports infrastructure".

The President's delegation included the Director of Regional Operations East B, Diariétou Gaye, the Country Economist, Marilyn Whan-Kan, the Principal Water and Sanitation Engineer, M. Mohammed A. Outaguerine and a Young Professional, Paxina Chileshe.

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