6 billion replenishment
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ADF pledges $7, 6 billion donation for replenishment of Africa’s low-income economies
The Fund comprises 32 contributing states and benefits 37 countries Donors of the African Development Fund (ADF) on Thursday agreed to commit $7.6 billion to speed up growth in Africa’s poorest nations and help lift millions out of poverty. This fifteenth replenishment of the ADF (ADF-15), up 32% from the previous cycle, sends a strong…