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African Development Bank says its hybrid capital model will significantly leverage impact of SDRs ‘three to four times’
26 May 2022 – 18:47
The African Development Bank (AfDB) has called for the reallocation of special drawing rights (SDRs) in Africa’s favour.
If given the go-ahead, this will mean the AfDB can help accelerate Africa’s development by helping it cope with challenges such as climate, debt, insecurity and the effects of the Ukraine war. ..
