The Board of Governors of the African Development Bank Group has approved Management’s request to leverage the equity of the African Development Fund, its concessional lending window, to mobilize more resources on the capital markets.
When fully implemented, the Bank Group could unlock up to $27 billion to help low-income and fragile states, Bank Group President Dr. Akinwumi Adesina said recently.
For more information, please see https://www.ecofinagency.com/public-management/2705-44571-african-development-bank-group-to-unlock-significant-additional-resources-for-fragile-states
