African Development Bank And Namibia Government Sign Loan To Boost Economic Governance

The Government of the Republic of Namibia and the African Development Bank have signed a loan agreement worth US$ 217.8 million (ZAR 3 billion) to finance the second phase of the Namibia Economic Governance and Competitiveness Support Programme (EGCSP II). The agreement was signed on 14 August 2018 by Namibian Finance Minister Carl H. G. Schlettwein and Dr. Josepine Ngure, Bank Deputy Director General, Southern Africa Regional development, on behalf of the Bank Group. EGCSP II aims to strength

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