African development bank and its functions
Answer Text: African Development Bank (A.D.B)This bank was formed to promote the economic and social progress of its regional member countries in Africa.Its functions include;-Providing loans for economic and social development to member countries-Provide technical advice in planning and implementation of the development plans-Assist member countries to appropriately exploit their resources-To encourage co-operation among African countries in order to bring economic growth-To co-operate with various economic institutions in order to-bring about development especially in Africa countries
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