African Development Bank to pick new head to confront US funding cuts
[WardheerNews - Somalia] - 26/05/2025
NAIROBI/ABIDJAN, (Reuters) – The African Development Bank is meeting in Ivory Coast this week to pick a new president at a time when the continent’s biggest multilateral lender faces unprecedented challenges from funding cuts by the U.S. government. Washington wants to cut $555 million in (…)
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