The main function of the African Development Bank (AFDB) is to
- promote free trade and development among members
- provide loans to finance balance of payment problems
-
provide loans to members to finance viable projects
- help members overcome their internal problems
The correct answer is: C
Explanation
African Development Bank is a bank owned by African countries which belonged to the African Union. The objective are:
- Provision of loans to aid social and economic development of member nations.
- Provision of technical assistance for development projects and programms embarked upon by member nations.
- It fosters economic integration among member nations.