Sixty Years of the African Development Bank - Burundi Celebrates a Solid Partnership for Socio-Economic Development

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Sixty Years of the African Development Bank - Burundi Celebrates a Solid Partnership for Socio-Economic Development
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Announcement - Burundi has joined other African countries in commemorating the 60th anniversary of the African Development Bank (AfDB), marking six decades of partnership and unveiling plans for future collaboration with the premier development finance institution.

Burundi has joined other Africa n countries in commemorating the 60th anniversary of the Africa n Development Bank , marking six decades of partnership and unveiling plans for future collaboration with the premier development finance institution.

The occasion also marked the presentation of the Bank's 2024-2029 Country Strategy Paper for Burundi, which aims to support the country's efforts towards a more inclusive and sustainable future, aligning with its National Development Plan 2018-2027.Since joining the AfDB in 1968, Burundi has benefited from 173 projects financed by the Bank, totaling $1.52 billion in critical sectors such as energy, transport infrastructure and agriculture.

Damas Bakuranimana, Permanent Secretary at Burundi's Ministry of Finance, commended the Bank's ongoing support, highlighting the progress made in strategic sectors such as energy and agriculture"We hope that this cooperation will continue and will help to accomplish our vision for Burundi as an emerging country by 2040 and a developed country by 2060," he said.

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