WCAF V: African Development Bank Group and UK Export Finance sign MOU to mobilise financing for Africa
Cote Dlvoire, Oct. 23 -- The African Development Bank Group (AfDB) and UK Export Finance (UKEF), the United Kingdom's export credit agency, have signed a Memorandum of Understanding to strengthen cooperation on co-financing projects across Africa and mobilise additional resources for the continent's sustainable development.Abdul Kamara, Officer in Charge, Vice President of the African Development Bank Group, and Tim Reid, Chief Executive of UK Export Finance, signed the agreement on 21 October in Conakry, Guinea, on the sidelines of the fifth UK-West and Central Francophone Africa Trade and Investment Forum (WCAF V). It is the first framework agreement between the two institutions. The Memorandum of Understanding provides a framework for th...
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