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World Bank Chief’s Criticism of AfDB Lending Practices Also Reflects Broader U.S. Anxiety About Chinese Debt in Africa

The African Development Bank headquarters in Abidjan, Ivory Coast. Photo via AfDB.

Officials at the African Development Bank (AfDB) are still smarting over last week’s comments by World Bank president David Malpass who accused the AfDB of having “a tendency to lend too quickly and add to the debt problem of the countries” on the continent.

The AfDB later issued a stinging rebuke to the World Bank president’s comments calling them “inaccurate”, “not fact-based” and impugning the integrity of the bank. 

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