African leaders praise AfDB involvement

May 28, 2010

Leaders of African nations have used the opening of the 2010 Annual Meetings of the African Development Bank to praise it for the work it has done over recent years.

This year's event began today (May 27th) and President of the country Laurent Gbagbo gave his support to the bank's efforts to improve infrastructure, the private sector and research across the continent.

And Amadou Toumani Toure, President of Mali, added the assistance provided by the bank in his country has brought about drastic improvements in many neighbourhoods.

AfDB President Donald Kaberuka noted the bank increased its investment last year.

"By the end of 2009, we had delivered support equal to $12.6 billion (€10.2 billon), compared to $5.5 billion in the previous year," he remarked, adding the bank has maintained its "robust finances and focused and effective operations".

Leaders from numerous African nations are attending the summit, which is taking place in Abidjan, Cote d'Ivoire.