The Lusophone Development Compact will receive a €400 million boost from the Portuguese government and the AfDB

The Lusophone Development Compact will receive a €400 million boost from the Portuguese government and the AfDB

According to an African Development Bank (AfDB) September 2022 press release, the AfDB and Portugal have signed a €400 million guarantee agreement to finance private sector initiatives and public-private partnership (PPPs) projects in Portuguese-speaking African member countries.

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