African Development Bank Current Affairs, GK & News

IMF to distribute SDR to member countries by August

The International Monetary Fund recently announced that it will distribute the Special Drawing Rights to its member countries by mid-August. Key Highlights The IMF has agreed to support SDR allocation of 650 million USD. This is the largest in the history of IMF. Recently, the G20 Finance Minsters agreed to the International Monetary Fund to ..




India to host the 8th International Conference on Agricultural Statistics

The 8th International Conference on Agricultural Statistics (ICAS-VIII) will be organized by the Ministry of Agriculture in New Delhi from 18th to 21st November 2019. The conference will be inaugurated by the Union Minister for Agriculture & Farmers Welfare Shri Narendra Singh Tomar and Chief Guest will be Bill Gates. The conference will be organised in collaboration with the Ministry of ..


African Continental Free Trade Agreement and India

At the summit of the African Union (AU) held at Niamey, the capital of the Niger Republic 54 of 55 of its member states signed the African Continental Free Trade Agreement (AfCFTA) for goods and services and 27 countries have already ratified it. The AfCFTA would create an African Common Market of 1.2 billion people and ..


The International Solar Alliance (ISA) signs pact Asian Development Bank to promote solar energy deployment in Asia & Pacific

The International Solar Alliance (ISA) has recently signed a cooperation arrangement with the Asian Development Bank (ADB) to promote solar energy deployment in Asia and the Pacific on March 10, 2018. The cooperation envisages solar power generation, solar based mini-grids and transmission systems for integrating solar energy into grids. The ISA and the ADB would ..