New technology and blended finance will help to bridge the “last mile” of the infrastructure gap by getting goods and services to end users, and connecting underserved populations to business value chains, said the African Development Bank (AfDB).
The 2018 Aid Transparency Index Report, released by ‘Publish what you Fund’ has ranked the African Development Bank 4th among 45 development organizations, lifting the Bank by six positions since 2016.
Climate financing by the world’s six largest multilateral development banks (MDBs) rose to a seven-year high of US$ 35.2 billion in 2017, up 28% on the previous year, says new report.
