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African Development Bank (Abidjan)

African Development Fund Mobilises a Historic $11 Billion

The African Development Fund (ADF), the concessional financing arm of the African Development Bank Group, has secured a record $11 billion from 43 Partners for its 17th Replenishment (ADF-17), the largest in the Fund's history, despite severe global fiscal constraints and declining aid budgets.

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Country partners of the African Development Fund today announced a record contribution of US$11 billion for the next three years.

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