Burundi

PTA Bank, one of Africa’s main development banks

PTA Bank, one of Africa’s major development banks, was in crisis at the turn of the millennium. But it has since turned itself around and boosted its capital base, meaning that its chief executive is confident in saying that it is finally able to fulfil its role of fostering regional trade in eastern and southern Africa.

Africa: Making Things Happen at the Bank - 'Not a Talk Shop' - Akin Adesina

Dr. Akinwumi Adesina is focusing on five areas to achieve the African and world goals for a prosperous continent since becoming president of the African Development Bank - Africa's major public financial institution in September 2015. He was a keynote speaker at this month's Corporate Council on Africa's U.S.- Africa Business Summit in Washington D.C. and moderated a lively panel with five African government ministers. He as well received the Gene White Lifetime Succcess Award from the World Child Nutrition Foundation. This week, he was named the 2017 recipient of the World Food Prize, a prestigious honor that includes a $250,000 award. In an interview in Washington, DC, Adesina discussed the Development Bank's ambitious schedule and his vision for attracting the increase capital Africa needs. Posting questions for AllAfrica was Noluthando Crockett-Ntonga.

Outlook for 2016-17

Burundi is a small landlocked country with a total area of 27,830 square kilometers. Densely populated, it has a people of approximately 10.6 million inhabitants. The economy is dominated by subsistence agriculture, which employs 90% of the people, though cultivable land is extremely scarce. Additional than a decade of conflict has devastated much of the country’s physical, social and human capital however substantial improvements have occurred over the completed decade, thanks to a relatively well performing demobilization program.

The army has largely retreated back to its barracks, roadblocks and checkpoints have been disassembled, and night curfews were lifted. Security and legal entities are under the government’s control and the army is presently seen as one of the major stabilizing institutions. A reform of the police is as well underway, with the aim of making it additional professional, in order to replace the people's trust in the institution. Economic reforms and institution building are as well ongoing.

The friendly and cooperative relations between the People's Republic of China and the Republic of Burundi

In 2013, the friendly and cooperative relations between the People's Republic of China and the Republic of Burundi enjoyed sound increase.

The two sides maintained political exchanges. In March, Burundian President Pierre Nkurunziza, President of National Assembly Pie Ntavyohanyuma and President of the Senate Gabriel Ntisezerana sent congratulatory letters respectively to Chinese President Xi Jinping, NPC Chairman Zhang Dejiang, and CPPCC Chairman Yu Zhengsheng on their elections.

Bujumbura

Bujumbura (bōō´jəm´bŏŏr´ə), city (1994 est. pop. 300,000), capital of Burundi and of Bujumbura prov., W Burundi, a port on Lake Tanganyika. Formerly known as Usumbura, it is Burundi\'s major city and its administrative, communications, and economic center. Manufactures include food products,adhesive and other building materials, textiles, soap, shoes, and metal goods.

Livestock and agricultural produce from the surrounding region are traded in the city. Bujumbura is Burundi\'s major port and ships most of the country\'s chief export, coffee, inclunding cotton, skins, and tin ore, via Lake Tanganyika to Tanzania and Congo (Kinshasa). Roads connect the city to cities in the Congo and Rwanda.

Bujumbura

Bujumbura city is located in western Burundi, on the shores of Lake Tanganyika.  Bujumbura  it is surrounded by the province of Bujumbura on the north by the municipality Mutimbuzi, to the east by the municipalities and Isale Kanyosha and south by the municipality Kabezi.

With an area of ​​86.54 km ², the terrain is characterized by a low-lying plain that rises from west to east with an altitude of 774 m at the lake and at the foot of the 1,000 m high cons of the region's natural Mumirwa.

Interview