Cote Dlvoire, April 16 -- The African Development Bank Group and The European Stability Mechanism (ESM) have signed a Memorandum of Understanding (MoU) to formalise and strengthen cooperation between the two institutions. The signing took place on Wednesday 15 April, on the margins of the 2026 Spring Meetings of the International Monetary Fund and the World Bank Group in Washington DC. Cooperation under the agreement will focus on capacity building, knowledge sharing and research, as well as engagement through technical dialogue, information exchange, joint seminars, and staff?level interactions, subject to the internal rules and procedures of both institutions.

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