financing projects as well as technical cooperation in Common Member Countries”, said Dr ElKheshen “This is aimed at reducing poverty level in the African continent and uplifting the level of revenues.” The MOU between IDB and the ADB is anticipated to reinforce the ongoing cooperation and open up avenues for increasing the effectiveness of development policies through real partnerships between the two Groups. The two Groups will also share their respective strengths, knowledge and resources to promote economic development in Africa.