Washington, DC: The Executive Board of the International Monetary Fund (IMF) completed on August 23, 2023, the mid-term review of Chile’s qualification under the Flexible Credit Line (FCL) arrangement.[1] The Executive Board reaffirmed Chile’s continued qualification to access FCL resources.
Mozambican President Filipe Jacinto Nyusi has commissioned a key link road funded by the African Development Bank. Completion of the Negomano-Roma Road, in the country’s northern province, is already enabling communities in the Mueda district of the northern Cabo Delgado region to enjoy improved road...
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Digital Climate Advisory Services Training to Support Climate Resilience for Smallholder Agriculture in Southern Africa
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The African Development Bank Group has awarded grant funding totalling $84.3 million to Ethiopia to advance wheat production and increase farmers’ incomes.
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2023 African Economic Conference – call for papers
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Justice Nixon Sifuna, a Kenyan High Court judge has been named one of two recipients of the African Development Bank’s inaugural Accountability in Action Award for the year 2022.
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African Development Bank delegation to attend the 7th Global Environment Facility Assembly
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Liberia’s President George Manneh Weah has lauded the African Development Bank for its “significant” support in fostering growth and development in the West African country.
“On July 28, the Argentine authorities and IMF staff reached staff-level agreement on the combined fifth and sixth reviews under Argentina’s 30-month Extended Fund Facility (EFF) arrangement. This agreement is subject to the approval by the IMF Executive Board, which is expected to meet on August 23 to unlock the agreed disbursements.
