France signs landmark $253m loan agreement to boost African Development Fund

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France signs landmark $253m loan agreement to boost African Development Fund

26 December 2017, Sweetcrude, Abidjan, Côte d’Ivoire –− The African Development Fund (ADF) has signed a significant concessional donor loan agreement with the Government of France to the tune of $ 253 million as support for the 14th replenishment of the Fund. Established in 1972, the ADF represents an enduring development partnership between African countries …

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