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Korea Offers Africa $5Bn Grant, Parleys On $600m Energy Deal

The African Development Bank (AfDB) has signed a Joint Declaration with the Korean Government for a $5 billion bilateral financial assistance package for Africa. The deal was sealed at a Ministerial Roundtable of the Korea-Africa Economic Cooperation (KOAFEC) Conference held during AfDB’s 53rd Annual Meetings in the Asian country. The President of AfDB, Dr. Akinwumi […]