The African Development Bank Group (AfDB) and the Government of Equatorial Guinea have jointly approved a new action plan to enhance the effectiveness and impact of the Bank’s portfolio in the country. The move follows a comprehensive portfolio performance review, aimed at improving project execution, strengthening accountability, and aligning future investments with the country’s national development strategy, Agenda 2035.

Held from 27–31 October in Malabo, the nation’s capital, the review brought together senior government officials, AfDB representatives, technical partners, and project implementation teams to assess progress on ongoing operations and identify bottlenecks affecting delivery.

Strengthening Portfolio Performance and Accountability

The review revealed that while AfDB-fin

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