Multilateral development banks, levers for inclusive and sustainable growth

May 24, 2023 AELEX Admin 0 Comments

African countries generally turn to bilateral and multilateral partners for their development financing mechanisms. These facilities offer greater benefits to African nations, particularly those provided on concessional terms.


To optimize resources, the continent’s leaders have agreed to adopt regional-level pooling of development resources, including from regional multilateral development banks. This could foster more-inclusive and more-sustainable growth for developing countries.


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