The endorsement came during the 44th Ordinary Summit of SADC leaders in Harare, Zimbabwe.

As Africa pursues economic growth, key issues include borrowing to finance key projects, as loans and other plans have left many countries struggling...

The sharp rise in the cost of loans is attributed to the shift from concessional financing to more expensive and short-term commercial debt.

The AfDB said on Friday it was "delighted with and reassured by the strong personal leadership and firm commitment shown by Prime Minister Abiy Ahmed,...