Southern African governors task AfDB on Africa’s economic development

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African Development Bank (AfDB)

The Southern African Governors of the African Development Bank (AfDB) have called on the bank to lead the way to faster-paced development of the African Continent.

The AfDB, in a statement on Tuesday, said the governors as well as Finance Ministers from Angola, Lesotho, Madagascar, Malawi, Mozambique, and Namibia shared their thoughts at a regional consultation with AfDB in Abidjan, Côte d’Ivoire.

The ministers of Finance and Planning from São Tomé and Príncipe, South Africa, Swaziland, Zambia and Zimbabwe were also present at the meeting.

According to the statement, the governors expressed concern about the Southern African region’s low growth performance in 2017 and the fact that nine out of 10 developing countries would be in Africa by 2030.

They identified the Bank as Africa’s trusted partner to lead the way to reverse the…



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