By improving access to timely financing for inputs such as seeds, fertilisers and mechanisation, the NDB-BADEA facility is expected to support improved yields, stabilise production cycles and enhance farmer productivity.
The NDB, a statutory bank established in 1963, has been earmarked for privatisation, merger, commercialisation and other strategic reforms over the decades, with little traction.
In 2021, NDB welcomed its first non-founding members and continues to expand, positioning itself as a platform for wider collaboration amongst EMDCs ... For more information, visit http.//www.ndb.int.
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NDB, the first multilateral development institution established by emerging markets and developing countries, represents an important step in the rebalancing of economic power to one rooted in the rise of Global South.
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