2022 Abidjan summit aims to raise $120B for World Bank's IDA in December's replenishment.

An international summit in Abidjan seeks to raise $120 billion for the World Bank's International Development Association (IDA), which supports poor countries, especially in Africa. The Assembly for Africa's Economic Development brought together finance leaders, policymakers, and civil society to discuss strategies for sustainable development. The IDA's 21st replenishment is set for December in Seoul, following a recent $93 billion commitment for 2022-2025.

October 10, 2024
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