1. The African Development Bank is an African regional bank that purports to address the African development challenges, analyses its legal treaty and the benefits that have thus far accrued to South Sudan as a member
The African Development Bank (AfDB) was created on 4 August 1963 in Khartoum, Sudan, where 23 newly independent African countries signed the agreement establishing the institution.[1] On 10 September 1964, the Agreement came into force when 20 member countries subscribed to 65% of the Bank’s capital stock of US$ 250 million. The inaugural meeting of … Read more