Nigeria: African Central Bank gov seek $120bn IDA21 replenishment to combat climate change, others

The African Caucus has reiterated the call of Heads of State to donor countries for an ambitious and robust IDA21 replenishment target of US$120 billion to combat persistent and emerging challenges like climate change, food insecurity, energy deficit, and fragility.

The Caucus also called on the International Monetary Fund (IMF) and World Bank Group to ensure that their support to member countries continues to be guided by principles of balance and evenhandedness, and consistent with their…