Pathways to Progress: Exploring Successes and Opportunities


Don­ald Kaberuka
For­mer Pres­i­dent, African Devel­op­ment Bank

DK high-res photo
Don­ald Kaberuka is for­mer Pres­i­dent of the African Devel­op­ment Bank Group and cur­rent Chair­man of its Board of Direc­tors. Dur­ing his tenure as Pres­i­dent of the African Devel­op­ment Bank, Kaberuka bol­stered its fran­chise value, tripled its cap­i­tal from USD 30 bil­lion to USD 100 bil­lion, and dou­bled the bank’s port­fo­lio. Kaberuka’s lead­er­ship was par­tic­u­larly char­ac­ter­ized by a “big push” on the pri­vate sec­tor and lead­ing from the front on infra­struc­ture. He cham­pi­oned an inclu­sive growth agenda and pro­moted a strong link between secu­rity, devel­op­ment and the envi­ron­ment, estab­lish­ing a ring-fenced facil­ity for con­flict affected coun­tries. Kaberuka worked pre­vi­ously in the pri­vate sec­tor in the com­modi­ties busi­ness, includ­ing a term as Chief Econ­o­mist of the Inter-African Cof­fee Orga­ni­za­tion. Dr. Kaberuka also served as Gov­er­nor for Rwanda for the Inter­na­tional Mon­e­tary Fund and the World Bank from 1997 to 2005, as well as Finance Min­is­ter of Rwanda. Kaberuka is an alum­nus of the Uni­ver­sity of Glas­gow in Scotland.

Tony O. Elumelu
Chair­man of Heirs Hold­ings and Founder of the Tony Elumelu Foundation

TOE headshot
Tony O. Elumelu is a ser­ial entre­pre­neur and a phil­an­thropist. Born, raised and edu­cated in Africa, Mr. Elumelu has been respon­si­ble for cre­at­ing busi­nesses across the con­ti­nent, in sec­tors crit­i­cal to Africa’s eco­nomic devel­op­ment. In 2010, he founded Heirs Hold­ings, an African invest­ment hold­ing com­pany, with invest­ments in finan­cial ser­vices, power gen­er­a­tion, oil and gas, agribusi­ness, real estate and hos­pi­tal­ity. In the same year, he estab­lished The Tony Elumelu Foun­da­tion, an Africa-based and African-funded phil­an­thropic orga­ni­za­tion, ded­i­cated to cat­alyz­ing entre­pre­neur­ship across Africa. He is Chair­man UBA Group Plc and Transcorp Plc, which is Nigeria’s largest listed conglomerate.

Annie Duflo
Exec­u­tive Direc­tor, Inno­va­tions for Poverty Action

Annie Duflo
Annie is respon­si­ble for lead­ing the strate­gic direc­tions of IPA, the imple­men­ta­tion of its strate­gic plan and the day to day oper­a­tions. Pre­vi­ously, Annie served as IPA’s Research Direc­tor where she man­aged IPA’s research net­work, staff capacity-building, and new project devel­op­ment. She also played a key role in the scal­ing up of suc­cess­ful pro­grams with par­tic­u­lar focus on edu­ca­tion. Annie has a wealth of expe­ri­ence imple­ment­ing and man­ag­ing ran­dom­ized eval­u­a­tions in the field. Prior to join­ing IPA, Annie was the Exec­u­tive Direc­tor of the Cen­tre for Micro­fi­nance (CMF) at the Insti­tute for Finan­cial Man­age­ment and Research (IFMR) in Chen­nai, India, which she joined at its cre­ation. Annie holds a Mas­ter of Pub­lic Admin­is­tra­tion and Inter­na­tional Devel­op­ment degree from Har­vard University’s John F. Kennedy School of Gov­ern­ment and Mas­ter in Social Sci­ences from EHESS (École des Hautes Études en Sci­ences Sociales)/ ENS (École Nor­male Supérieure) in Paris.