Africa development bank group

From the successful financing of the Thika super highway which links Nairobi city to( the once industrial ) Thika town, then did most of the government institutions know about the ease of doing business with the Group.( Follow other projects they have financed and what they are up to on https://twitter.com/AfDB_Group).

From Nigeria, SouthAfrica, Burundi, Kenya, Ethiopia and Tanzania just to mention a few states that have gotten grants and loans from the Group. Some of these loans are for financing major projects like Ethiopia airlines expansion plans. While others are for non-states related financing.

AfDB approves USD 159 million corporate loan to Ethiopian Airlines to finance expansion plan and fleet modernization program

Looking at the level of expertise they employ in ensuring these grants and loans are put into good use, the Africa development bank is rumoured to be  backed by Mr. Ndangote(Yeah, the billionaire). Governments might not have an excuse of munching funds which have been funded by this Group which has a tremendous track record of successfully financed projects.

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