The Symposium was co-organized by the All-Party Parliamentary Group for Africa with the Royal African Society, Oxford Brookes University, and the Trade Justice Network under the theme UK-Africa Trade and Brexit. The African Development Bank has been a major investor in infrastructure development in the electricity, transport, and water sectors across Africa. The African Development Bank and DFID are collaborating to explore how to better support fragile states, which are facing huge financing needs. And its “strong and consistent” support for the African Development Fund has helped the Bank work in low-income states, especially the fragile states. Instruments, such as the Private Sector Credit Enhancement Facility, a credit-risk participation vehicle from the African Development Fund, (ADF)’s concessional window to support Non-Sovereign Operations in low-income countries, are showing tremendous results.

Source: Daily Observer January 23, 2020 02:24 UTC