AfDB Approves $117bn Capital Increase to Support Nigeria and Others

The Board of Governors of the African Development Bank (AfDB) Group has approved the capital increase of $117 billion to further support Nigeria and other countries on the continent. This announcement was made by AfDB President, Akinwumi Adesina, at the closing of the 2024 Annual Meetings of the bank in Nairobi, on Saturday. Adesina stated, [...]

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