AfDB Boosts West African Development Bank's Resources

The African Development Bank has injected a total of €67.05 million ($92.6 million) into the coffers of the West African Development Bank. The package includes €64 million in credit and €3.05 million in equity capital, which will be used to support private sector activities in West Africa, according to an AfDB press release.

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About the author

  • Eliza Villarino

    Eliza Villarino currently manages one of today’s leading publications on humanitarian aid, global health and international development, the weekly GDB. At Devex, she has helped grow a global newsroom, with talented journalists from major development hubs such as Washington, D.C, London and Brussels. She regularly writes about innovations in global development.