AfDB Opens Regional Office in South Africa

The African Development Bank (AfDB) has signed a Host Country Agreement (HCA) with the South African government in support of establishing the institution's regional office in Pretoria. The HCA marks an important step in the AfDB's decentralisation strategy and the regional office in South Africa will also cover Botswana, Lesotho, Swaziland, Namibia, Zimbabwe and Multinational Projects under SADC (Southern African Development Community).

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