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Making Development Finance Work for Africa

Multiple, overlapping crises have exposed the outdated framework of multilateral development banks. A closer look at the challenges facing Nigeria demonstrates how MDBs can better support African countries as they work to reduce poverty and translate their immense potential into meaningful economic growth.

ABUJA – If the COVID-19 pandemic demonstrated our interdependence and hyper-connectedness, Russia’s war in Ukraine and its economic consequences have further underscored that no country or region can stand alone. We are all integrated – politically and by trade and investment linkages – into the global economy.

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