AfDB unveils $5.1bn fund to shield Africa from energy, fertilizer shocks

BusinessDay | 08-09-2026 10:00pm |

The African Development Bank Group (AfDB) has approved a new response framework aimed at mobilizing up to $5.1 billion to protect African countries from energy and fertilizer shocks. The initiative is designed to mitigate the impact of global price fluctuations on the continent. The AfDB's move is part of its broader strategy to support economic stability in Africa.

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