ADB Group, Korea sign $28.6 million in grant agreements to support Africa’s development

Posted by - September 14, 2023

The African Development Bank and the Government of Korea have signed two agreements for financial support to boost Africa’s development agenda. The value of the financing is $28.6 million. The funding complements $600 million in co-financing under the Korea-Africa Energy Investment Framework, agreed with the Korean government in 2021. The framework supports African countries to