President Kaberuka Launches Multi-Donor Trust Fund for Zimbabwe
Speaking at the launch of the Zimbabwe Multi-donor Trust Fund (Zim-Fund) on 7 March 2010 in Harare, the African Development Bank (AfDB) President, Donald Kaberuka, commended Zimbabwe’s economic recovery since the establishment of the Government of National Unity. This has provided the basis for a process of re-engagement with the international community. The Zim-Fund, which is now operational with an initial commitment of USD 68.8 million, is a first step on this road. The AfDB stands ready to work with the authorities and Zimbabwe’s development partners, as demonstrated by the reopening of its country office in Harare.