African Development Bank Launches Pan-African Urban And Municipal Development Fund

The African Development Bank has launched the Urban and Municipal Development Fund (UMDF), a multi-donor trust fund to scale up interventions in urban development and drive sustainable growth in cities across the African continent. The launch has been described as a timely response to the challenges of rapid urbanisation in Africa as there is a strong need for expertise in integrated city planning. Initial donors include - the Nordic Development Fund (NDF), Wallonia Export Investment Agency (AW


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