Top U.S. diplomat defends key foreign aid cuts at House hearing
The Trump administration and its allies in Congress sparred with Democrats over America's spending and stature abroad.
African Development Fund
The African Development Fund is a multilateral fund that provides concessional financing, through grants and low-interest loans, to the poorest and most vulnerable nations in Africa. In its 2023-2025 replenishment, the fund committed over $8.9 billion to finance development projects in 37 African nations.
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AfDB 'getting out of coal' with no more financing for fossil fuel energy
The African Development Bank Group says it will no longer support '19th century technologies' like coal and oil.