This was said by the President of the African Development Bank (AfDB), Donald Kaberuka, in a keynote address to the SADC International Conference on Poverty and Development held in Mauritius in April.
Kaberuka said while economic growth - often simply measured by changes in Gross Domestic Product (GDP) - is essential, it should be sustained “over several years… broad based and non-exclusive.”
The Mauritius conference gave fresh impetus to regional integration, adopting a pro-poor regional poverty Reduction Framework. [read more]
THE STARTING point for development in Mozambique must be the rural areas, President Armando Guebuza said in his opening address to the annual meeting of the African Development Bank held in Maputo in May.
“We shall overcome the challenges of economic emancipation by making the rural areas the nuclei of planning and development,” Guebuza said, adding that transport and communications infrastructure is needed to bring regions together and “to link centres of production with centres of consumption.”
He warned that the problems of rural poverty cannot be solved “by the simple liberalization of prices. [read more]
AFRICA'S GROWTH rate could be derailed by the global rise in food prices, the AfDB chairperson, Donald Kaberuka, told the Bank's annual meeting held in Maputo in May.
He
said the food predicament
is an additional hurdle that
will put Africa's ability to
manage risks and overcome
new threats to great
test, but added that this
challenge can be turned
into an opportunity where
farming finally becomes a
viable business rather than
a meagre livelihood.
[read more]