Donors Commit More Crisis Aid for Africa

Africa secured at least USD15 billion in

. The donors include the African Development Bank Group, Agence Francaise de Developpement, Development Bank of Southern Africa, European Investment Bank, German Federal Ministry for Economic Development and Cooperation through KfW Bankengruppe, Islamic Development Bank and World Bank. The sum will be used to encourage trade, boost the financial sector, and scale up lending for infrastructure, agribusiness and small and medium enterprises in the region.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.