$8.9bn fund raiser for Africa's low income countries
The African Development Bank has raised an $8.9 billion replenishment package for Africa.
The African Development Bank, AfDB, has raised $8.9 billion from its contributing nations and development partners. The funds according to the bank will be channelled to its development fund to help spur economic development through grants and soft loans to low income countries on the continent.
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FILE PHOTO: The headquarters of the African Development Bank (AfDB) are pictured in Abidjan, Ivory Coast, January 30, 2020.Credit; REUTERS.
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