June 21, 2019/AfDB Climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time high of $43.1 billion in 2018, boosting projects that help developing countries cut emissions and address climate risks. This represents an increase of more than 22 per […]
World News
Euro Area Growth Slowed as Inflation Continues to Disappoint-IMF
June 13, 2019/IMF Euro Area—IMF Staff Concluding Statement of the 2019 Article IV Mission The euro area is at a challenging juncture. Growth is expected to firm-up later this year but there are significant risks to this outlook. Greater structural reforms efforts at the national level would enhance the region’s […]
African Leaders Share Their Vision for an Integrated Continent
June 13, 2019/AfDB Leaders from four African countries on Wednesday shared their vision for an integrated and borderless Africa that would foster economic growth and development. The leaders spoke during a high-level presidential dialogue on day two of the African Development Bank’s (www.AfDB.org) 2019 Annual Meetings. The panelists – President […]

