Nine African countries will benefit from the African Development Bank's African Fertiliser Financing Mechanism this year as fertiliser supply from Russia remains uncertain amid its war on Ukraine.
Tuesday’s approval adds up to $16.4 million extended to the Facility to support its 2023 budget ABIDJAN, Ivory Coast, May 17, 2023/ The Board of Directors of the African Development Bank (www.AfDB.org) on 16 May 2023 approved a $11.7 million budgetary allocation to the African Fertilizer Financing Mechanism (AFFM) for its 2023 operations. Tuesday’s |
African Development Bank President Dr Akinwumi Adesina, delivered a rousing address at the Annual Meetings of the Islamic Development Bank (IsDB) Group, calling attention to the strength of global par
The African Development Bank Group’s Board of Directors has approved a $1.5 billion Emergency Food Production Facility to help tackle the global food crisis sparked by the Russian-Ukraine conflict.