Multinational Development Banks

Multinational Development Banks (MDBs) are international financial institutions that provide funding and support to countries for economic growth, infrastructure, and development projects. They are owned by multiple countries, often in the region or globally, and aim to reduce poverty and promote sustainable development. Examples include the World Bank and regional banks like the African Development Bank. MDBs offer loans, grants, and technical assistance to help countries build hospitals, schools, roads, and other vital infrastructure, fostering stability and prosperity. Their work balances financial sustainability with social and environmental goals.