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flag Arab Fund and AIIB partner to boost sustainable infrastructure; AIIB also teams with African Development Bank for development projects.

flag Two major financial institutions, the Arab Fund and the AIIB, have signed a strategic partnership in Seville, Spain, to enhance sustainable infrastructure development in shared regions. flag The partnership was formalized at the Fourth International Conference on Financing for Development. flag Separately, the AIIB also signed a Memorandum of Understanding with the African Development Bank to deepen cooperation in areas like green infrastructure, industrialization, and digitalization, aiming to boost economic development and energy access in Africa.

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