African Development Bank commits US$2.8 billion to South Africa at 4th Investment Conference

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By Smile Staff Reporter


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The African Development Bank (ADB) this week committed US$2.8 billion to South Africa at the 4th Investment Conference.

The pledge was made by the Bank’s President Akinwumi Adesina.

Adesina says the funds will be allocated toward public and private sector investments.

Adesina says the funds will be prioritised, over the next 5 years, towards the country’s most important economic sectors.

Read more here.

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