WAEC Economics 2011 Theory — Question 25

Model answer

Achievements of the ADB: (i) it has helped to mobilize funds from within and outside the continent, (ii) it has contributed to improvement of welfare of African people, provision of basic amenities and reduction of unemployment, (iii) it has provided technical assistance to African nations in technical areas, (iv) it has granted loans to member nations which have been used for various development projects (any two).