African Development Fund Mobilises a Historic $11 Billion, Marking a New Era of African Ownership and Investment-Led Development
The African Development Fund (ADF), the concessional financing arm of the African Development Bank Group, has secured a record $11 billion from 43 Partners for its 17th Replenishment (ADF-17), the largest in the Fund’s history, despite severe global fiscal constraints and declining aid budgets.
Source: African Development Bank Group (link opens in a new window)
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