African Development Bank President Visits Chad-AfDB looks forward to strengthening and expanding its partnership and cooperation ties with Chad
Tunis, 19 Nov. 2008 – The African Development Bank (AfDB) President, Donald Kaberuka, will be on an an official visit to Chad on November 21, 2008.
Mr. Kaberuka will, during the visit discuss, the AfDB’s continued support to Chad’s social and economic development and officially open the Bank’s field office in the country’s capital, Ndjamena.
The office, opened in line with the AfDB’s decentralization policy, has been functional since February 2007. As part of its decentralization policy, the AfDB now has 25 offices in its regional member countries.
The office will enhance the institution’s dialogue with Chadian authorities, bring it closer to its clients and project beneficiaries, as well as harmonize its support with other development partners in the country. The office will also enable the Bank Group to improve the efficiency of its operations for the benefit of Chadians.
The Bank is Chad’s second development partner, after the European Union. The Bank began operations in the country in 1974 and has, since. financed 68 loans and grants estimated at CFAF 300 billion.
During the visit, Mr. Kaberuka will hold talks with President Idriss Déby. He will also hold a working session with Prime Minister Youssouf Saleh Abbas; Finance and Economic Planning Minister, Ousmane Matar Breme; and other senior government officials. Mr Kaberuka will also meet representatives of the donor community and visit Bank-funded projects.
Mr. Kaberuka is expected to brief senior government officials on the results of the Conference of African Ministers of Finance on the global financial crisis held in Tunis on November 12, 2008. A total of 34 ministers and 39 central bank governors attended the conference hosted by the AfDB, the African Union and the United Nations Commission for Africa.