Donald Kaberuka facts for kids
Quick facts for kids
Donald Kaberuka
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| 7th President of the African Development Bank | |
| In office 1 September 2005 – 1 September 2015 |
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| Preceded by | Omar Kabbaj |
| Succeeded by | Akinwumi Adesina |
| Minister of Finance and Economic Planning | |
| In office 7 October 1997 – 20 August 2005 |
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| Prime Minister | Pierre-Célestin Rwigema Bernard Makuza |
| Preceded by | Jean-Berchmans Birara |
| Succeeded by | Manasseh Nshuti |
| Personal details | |
| Born | 5 October 1951 Byumba, Rwanda |
| Education | University of Dar es Salaam (BA) University of East Anglia (MPhil) University of Glasgow (PhD) |
Donald P. Kaberuka is an important economist from Rwanda. He was the president of the African Development Bank for ten years. This was from September 2005 to September 2015. He was born on October 5, 1951.
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Donald Kaberuka's Early Life and Schooling
Donald Kaberuka was born in Byumba, a place in Rwanda. He went to the University of Dar es Salaam for his first degree. Later, he earned a master's degree in Development Studies from the University of East Anglia in 1979. He also got his PhD in economics from the University of Glasgow.
Donald Kaberuka's Career Journey
Kaberuka worked in banking and global trade for over ten years. In October 1997, he became the Minister of Finance and Economic Planning in Rwanda. He held this important job for eight years. He is known for helping to make Rwanda's economy stable again. This was after a very difficult period in 1994.
Leading the African Development Bank (2005–2015)
In July 2005, Donald Kaberuka was chosen to be the president of the African Development Bank. He started his new role in September 2005.
He led this organization, which helps African countries grow. The bank's money situation had improved a lot since 1995. But its daily operations still needed work. Besides his role at the bank, Kaberuka was also part of a group. This group looked at how to help Africa develop better. The Prime Minister of Denmark, Anders Fogh Rasmussen, set up this group.
A team of experts from the Center for Global Development gave advice in 2006. They suggested six ways for Kaberuka and the bank's leaders to improve. A key idea was to focus strongly on building better infrastructure. This means things like roads, power, and water systems.
Helping the Global Fund (2019–2023)
Donald Kaberuka also served as the leader of the board for the Global Fund to Fight AIDS, TB and Malaria. His two-year term began in May 2019. In this role, Kaberuka helped raise a lot of money. The goal was to get at least US$14 billion for the Global Fund. These funds were for the years 2020 to 2022.
This money helps to save millions of lives. It also helps to cut down deaths from HIV, TB, and malaria by half. The funds also build stronger health systems by 2023. His time as chair was extended until the first board meeting of 2023.
Other Important Activities
Donald Kaberuka has also been involved in many other important organizations.
Working with Companies
- In 2015, he became a senior advisor for "TPG/Satya." This is a group of two private investment companies.
- He is a senior advisor for the Boston Consulting Group. This role started in 2017.
- He is the chairman of Centum Investments. He has been in this role since 2016.
- He is also a Managing Director at SouthBridge Group. This company helps with investments in Africa.
Helping Non-Profit Groups
- In 2017, he became a co-chair for a special commission. This group looked at how to help countries that are struggling. He worked with former UK Prime Minister David Cameron.
- In 2019, the United Nations Secretary-General appointed him as a co-chair. This group focused on helping people who have been forced to leave their homes.
- In 2022, he was also appointed to a high-level board. This board advises on making global cooperation more effective.
- He is a member of the Africa Europe Foundation.
- He is on the Senior Advisory Board for Exemplars in Global Health.
- He is a member of the Global Leadership Foundation.
- He is a member of the board of trustees for the Rockefeller Foundation.
- He is the chairman of the global advisory council for African Leadership University.
- He is a board member for the Center for Global Development (CGD).
- He is a board member for the Mo Ibrahim Foundation.
- He is a member of the Advisory Board for the Brenthurst Foundation.
- He is a Senior Advisor for the International Growth Centre.
Awards and Recognition
- On March 16, 2015, Donald Kaberuka received a Lifetime Achievement Award in Geneva. This award recognized his long and successful career.
- On May 27, 2015, he was given the special Leaders for a Living Planet award. This award came from the World Wide Fund for Nature.
