/ 30 May 2024

Reforms could unlock $169.4bn in African development financing a year

Cop28 Unfccc Climate Conference: Day Seven
DUBAI, UNITED ARAB EMIRATES - DECEMBER 06: Akinwumi Adesina, President of the African Development Bank notes that domestic resources alone will not be sufficient to finance the continent’s transformation agenda. (Photo by Sean Gallup/Getty Images)
The African Development Bank’s economic outlook report notes that 20 countries were in debt distress or at high risk of debt distress, hamstringing their ability to achieve social development goals

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