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USA : African Development Bank and Asian Development Bank sign $1 billion exchange exposure agreement to increase development lending capacity to African nations
28 Octobre 2024
LIBREVILLE, October 28 (Infosplusgabon) - The African Development Bank and the Asian Development Bank have signed a $1 billion exchange exposure agreement (EEA) aimed at enhancing the African Development Bank’s capital position and its capacity for sustainable lending across Africa. The agreement, signed on the sidelines of the IMF /World Bank Annual Meetings in Washington DC on Friday 25 October, is the third exposure exchange transaction under the African Development Bank’s Balance Sheet Optimization strategy.
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