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allAfrica.com·3 min read·medium

African Development Fund Approves $3.48 Million Grant to Boost Industrial and Trade Policy in Five African Countries

African Development Fund Approves $3.48 Million Grant to Boost Industrial and Trade Policy in Five African Countries
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The African Development Fund has approved a $3.48 million grant to support industrial and trade policy development in five African nations. The project aims to improve data quality, institutional capacity, and the implementation of the African Continental Free Trade Area.

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The African Development Fund, the concessional arm of the African Development Bank Group, has approved a $3.48 million grant to finance impact assessments on the Africa Union's Accelerated Industrial Development for Africa (AIDA) framework and to support the implementation of the African Continental Free Trade Area (AfCFTA) in the transition economies of Cameroon, Chad, Comoros, Madagascar and Togo.

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African Development Fund Approves $3.48 Million Grant to Boost Industrial and Trade Policy in Five African Countries — Headlinne — headlinne