Signing of Japanese ODA Loan Agreement with African Development Fund: Supporting economic growth and poverty reduction in Africa through a contribution to the Seventeenth Replenishment of the African
Japan, Nov. 13 -- On November 13, the Japan International Cooperation Agency (JICA) signed a loan agreement with African Development Fund (AfDF) at JICA Headquarters in Tokyo, to provide Japanese ODA loan for the African Development Fund Seventeenth Replenishment (AfDF-17). The signatures were exchanged between African Development Bank President Sidi Ould Tah and JICA President Tanaka Akihiko in the presence of Deputy Vice Minister of Finance for International Affairs Watanabe Kazuki, Ministry of Finance.AfDF is the concessional financing arm of the African Development Bank (AfDB) Group, providing long-term, low-interest loans and grants primarily to least developed and low-income countries in Africa. This loan is based on discussions on th...
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