Woman Candidate for AfDB Boss Says Africa Must Retain Wealth
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Cristina Duarte, the finance minister from Cape Verde who is the first woman to stand for the presidency of the African Development Bank, said the lender should encourage wealth generated in Africa to stay on the continent.
Duarte, 52, who has managed the West African island nation’s economy since 2006, is one of eight contenders to succeed Donald Kaberuka when he steps down at the end of his second five-year term in August.