The major purpose of African Development Bank is to?
Answer Details
The major purpose of the African Development Bank is to provide loans and assistance for infrastructural development in Africa. This includes financing projects related to transportation, energy, water and sanitation, as well as promoting regional integration and private sector development. The aim is to improve the quality of life for people living in Africa by fostering sustainable economic growth and reducing poverty. While the bank may also provide loans for trade development or to support development banks in distress, its core mission is to support the development of infrastructure across the African continent. It does not specifically focus on educating peasant farmers in new techniques.