The African Development Bank (ADB) gets full marks for its efforts to reform and modernize its operations in what is arguably one of the world’s toughest banking environments.
The ADB launched its reform programme in 1995 with the aim of improving lending operations, financial management policies and institutional management governance.
“With respect to project-related activities, a framework is being put in place to monitor, enforce quality control and streamline operational reporting at various stages of the project cycle,” says ADB spokesman Kemal Saiki in Abidjan.
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