Wednesday, May 16, 2007

African Development Bank says must reform itself

(Reuters) - The African Development Bank must undertake significant internal reforms to become more responsive to the continent's needs and more effective as a tool for development, the bank's president said on Wednesday.

Donald Kaberuka told the opening of the bank's annual meeting that the lender was financially strong but bogged down by in-house bureaucracy.


Read more at Reuters Africa

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