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Global Business: What Does the Future Hold for the African Economy?

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21/06/2014

What Does the Future Hold for the African Economy?

BBC World Service - Global Business, What Does the Future Hold for the African Economy?

Donald Kaberuka, president of the African Development Bank on issues facing the continent

Donald Kaberuka, president of the African Development Bank on the key issues facing the continent, including infrastructure, regional integration, corruption, youth and China.

The African Development Bank is celebrating its 50th anniversary this year. Donald Kaberuka has been president of the AfDB for the past decade and has been responsible for major changes in the bank’s strategy for development and poverty reduction. There is more emphasis on the growth of the private sector, and on the importance of major infrastructure developments in areas such as road, railways, power plants and communications. Kaberuka says infrastructure is crucial in promoting regional integration in Africa.

Donald Kaberuka talks to Peter Day about the key issues facing a continent with rapidly growing economies - including the critical importance of improving domestic trade links, tackling the image of corruption, Africa’s youth and the controversies of Chinese investment.

(Photo: Donald Kaberuka. Credit: AFP/Getty Images)

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