Wednesday, 11 February 2015

Bold steps needed to place the continent’s growth on recovery path, says Kaberuka

Bold steps needed to place the continent’s growth on recovery path, says KaberukaIn order to achieve Africa’s socioeconomic transformation, the continent’s leaders have to embrace new thinking, and break with the past, according to Donald Kaberuka, President of the African Development Bank.

Kaberuka urged leaders to follow in the footsteps of Ethiopia’s late Prime Minister, Meles Zenawi, whose zeal to reform his land saw him assess the country’s experience, create a growth plan while establishing viable policies to enhance development.

“He had the determination to build upon the country’s own experience, assessing any outside advice against that experience, not vice-versa. He had the stamina to see through a strategy, even if unpopular in the short term. These are all traits of a transformational leader,” observed Kaberuka. The Bank President was presenting his inaugural lecture during the launch of Meles Zenawi Foundation at the sidelines of the just concluded African in Addis Ababa. Read More...

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