Africa: AfDB Warns of Cuts in Donor Funding

Posted on: March 28th, 2013

The African Development Bank (AfDB) has warned countries to prepare for four emerging challenges, including aid cuts. Dr. Donald Kaberuka, the bank’s president, said in pursuing the continent’s diverse infrastructure priorities, there is need to provide financing for development when the fiscal position in donor countries is tight, while also finding other sources of finance. Read more…

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