African Development Bank board approves 125% capital increase

This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXMPEB0E0CQ_M.jpg
© Reuters. African Development Bank board approves 125% capital increase© Reuters. African Development Bank board approves 125% capital increase

ABIDJAN (Reuters) – The African Development Bank’s board approved a 125% capital increase to $208 billion on Thursday, AfDB President Akinwumi Adesina said.

“This is the biggest capital increase for the bank since it was founded,” he said following an extraordinary general meeting in Abidjan.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add Comment