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Donald Kaberuka

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Donald Kaberuka

Donald Kaberuka is a Rwandan economist. He was Minister of Finance and Economic Planning from 1997 to 2005 and President of the African Development Bank from 2005 to 2015.

Updated November 2026 · Facts checked 9 November 2026

Photo: UNIDO, CC BY 2.0, via Wikimedia Commons

Year of birth
19511
Year of birth
President of the African Development Bank
2005–20151,2
President of the African Development Bank
As Minister of Finance
8 years1
As Minister of Finance

Donald Kaberuka

At a glance

At a glance
Born 5 October 1951, Byumba
Known for Seventh President of the African Development Bank, 2005 to 2015
Earlier role Minister of Finance and Economic Planning, 1997 to 2005
Later role Chair of the Board of the Global Fund, 2019 to 2023
Studied University of Dar es Salaam; University of East Anglia; PhD, University of Glasgow

Source: Wikipedia: Donald Kaberuka; African Development Bank: Past presidents, Donald Kaberuka1,2

Early life

Kaberuka was born in Byumba on 5 October 1951. He studied at the University of Dar es Salaam, earned an MPhil in development studies from the University of East Anglia in 1979 and a PhD in economics from the University of Glasgow. He then worked in banking and international trade for more than a decade.1

Minister of Finance

In October 1997 Kaberuka was appointed Minister of Finance and Economic Planning. He held the post for eight years and is credited with helping to stabilise Rwanda’s economy after the 1994 genocide against the Tutsi.1

African Development Bank and after

Elected President of the African Development Bank in July 2005, Kaberuka took office that September and led the bank until September 2015. From 2019 to 2023 he chaired the Board of the Global Fund to Fight AIDS, Tuberculosis and Malaria.1,2

Frequently Asked Questions

When did Donald Kaberuka lead the African Development Bank?

From September 2005 to September 2015, as its seventh President.

What did he do in Rwanda?

He was Minister of Finance and Economic Planning from 1997 to 2005.

What did he do after the bank?

From 2019 to 2023 he chaired the Board of the Global Fund to Fight AIDS, Tuberculosis and Malaria.

Sources

  1. Wikipedia: Donald Kaberuka
  2. African Development Bank: Past presidents, Donald Kaberuka

Facts checked 9 November 2026. Prepared by InvestRwanda.com for general information.

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