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African Development Bank (Abidjan)

AfDB Shareholders approve landmark $115 billion capital increase

At an extraordinary shareholders' meeting today in Abidjan, Governors of the African Development Bank, representing shareholders from 80 countries, approved a landmark $115 billion increase in capital for the continent's foremost financial institution. The capital increase, the largest in the history of the African Development Bank since its establishment in 1964, is a remarkable show of confidence by shareholders.

Photo: AfDB

Shareholders’ meeting in Abidjan

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