Read this article for FREE These are heady times for the African Development Bank. Against a background of resurgent economic growth, the AfDB started to celebrate its 50th birthday at its Annual Meeting in Rwanda on 19-23 May. The celebration attracted a galaxy of African political and business leaders for some unexpectedly forthright discussions about the state of the continent. Over the next few months, the Bank returns to its ancestral seat in Côte dIvoire, which it left a decade ago, at the height of the civil war. Over that time, many African economies have doubled or tripled in size, thanks to better national management, a huge boost in trade with Asia and investment by Western companies. That upturn in capital inflows raises questions about the future of the AfDB and other multilateral financial institutions. africa-confidential/article/id/5638/Politics_intrudes_on_the_economic_successes
Posted on: Fri, 30 May 2014 13:35:12 +0000
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