Arab Coordination Group and African Development Bank Group Launch a Structured Strategic Partnership to Scale Co-Financing and Investment in Africa
Cote Dlvoire, Jan. 13 -- The Arab Coordination Group (ACG) and the African Development Bank Group (AfDB) today launched a new phase of their partnership aimed at scaling co-financing, mobilising private capital, and accelerating Africa's economic transformation.The High-Level Consultation Meeting convened at the AfDB's headquarters in Abidjan, established a common platform to move from fragmented cooperation toward programmatic, large-scale co-investment aligned with the continent's economic development priorities.The consultation takes place at a time when Africa faces a widening development financing gap and an urgent need to mobilise capital at scale for energy access, climate resilience, food security, regional integration, and private-...
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