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S. Africa’s Pick for AfDB President Seeks More Project Funds

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Thomas Sakala, who has won the backing of South Africa to head up the African Development Bank, said governments must raise more domestic funding for infrastructure projects to spur economic growth.

Sakala, a Zimbabwean national who has worked at the Abidjan-based bank for 31 years, is one of eight contenders to take over when Donald Kaberuka, 63, steps down as president at the end of his second five-year term in August. Infrastructure projects will be his main priority, Sakala, 60, said on Tuesday.