A few days after the Annual Meetings of the African Development Bank Group, held in Nairobi, Kenya, our shareholders unanimously approved an additional $117 billion increase in the capital of the Bank.
This follows the earlier general capital increase, which raised the capital of the African Development Bank from $93 billion to $201 billion in 2019. The new capital injection last week brings the capital of the African Development Bank to $318 billion. We will be bigger, bolder and…
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