Monday, 13 September 2010
African Development Bank President, Donald Kaberuka, Takes Oath of Office for Second Term. President Donald Kaberuka was sworn in Wednesday, September 1 in Tunis for a second five-year term (2010 -2015) as the head of the African Development Bank (ADB) Group. Uganda Ambassador commended his unwavering support to Uganda's Market Infrastructure, Agriculture, Energy, Education, Water/sanitation and Road development totaling to US$ 1 billion since 2005. A total of 12.6 billion US dollars has been distributed
in FY 2009/2010 to reduce poverty and underdevelopment across Africa against US$ 5.5 in the previous year.