IMF Reaches Staff-Level Agreement on the First Review of the Extended Credit Facility and Conducts Discussions on the 2023 Article IV Consultation with Zambia

• Zambia will have access to about US$188 million in financing once the review is approved by IMF Management and formally completed by the IMF Executive Board. To remove any hurdles to the timely completion of the review, Zambia needs official creditors to move forward and reach agreement on a debt treatment in line with the financing assurances they provided in July 2022.

Gender in Focus: How Technology and Education can Transform the Water Sector and Improve the Lives of Women and Girls

Reflecting on my journey, my educational choices as a woman have been driven by curiosity and a desire to solve problems. Studying civil engineering and environmental technology shaped my creative thinking, strengthened my intellectual development, equipped me with skills to design things that make our world a better...

Annual Meetings of the Boards of Governors of the African Development Bank Group, 22-26 May 2023

What:              African Development Bank Group Annual Meetings
Who:               The African Development Bank Group
When:             22 to 26 May 2023
Where:            Sharm El Sheikh International Conference Center, Sharm El Sheikh, Egypt
 

African Development Bank approves $147 million in subordinated debt to the Mauritius Commercial Bank to bolster capital base and drive loan portfolio...

The Board of the African Development Bank Group has approved $147 million in subordinated debt to the Mauritius Commercial Bank Ltd (MCB) to enhance its capital base and mobilize loan growth in the renewables, manufacturing healthcare and other sectors, including SMEs.