African Development Bank celebrates 60th anniversary in Maputo, highlighting its $3.8bn impact on Mozambique since 1977.

The African Development Bank (AfDB) marked its 60th anniversary in Maputo, Mozambique, celebrating its significant impact on African development. The event highlighted the Bank's partnership with Mozambique since 1977, during which it has approved over 130 projects worth approximately $3.8 billion. Current investments focus on essential sectors including agriculture, energy, and transportation, totaling $1.3 billion, as the Bank aims to tackle ongoing challenges like climate change and poverty.

September 28, 2024
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