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African Development Bank

AfDB boosts Somalia’s revenue and expenditure with $13.3 million loan

The African Development Bank has taken another step towards supporting the economic development of Somalia by approving a $13.29 million loan. The funding will be...

AfDB’s $55 million anti-corruption fund languishes for seven years

The African Development Bank has come under fire for its failure to activate a $55 million integrity fund, which was established seven years ago...

Rwanda set to soar: AfDB projects highest GDP growth in East Africa

Rwanda, a small landlocked country in East Africa, is poised for impressive economic growth in the coming years. According to a recent report by...

How the AfDB is Funding Progress in Africa

The African Development Bank (AfDB) is a major source of funding for progress across the African continent. Established in 1964 by 23 African nations...

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