Browsing by Author "Olatoke, J. O."
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Item An overview of the law, practice and prospects of African Development Bank(EBSU Journal of International Law & Judicial Review, Faculty of Law, Ebonyi State University, 2014) Imam, Ibrahim; Olookoba, Saka Muhammed; Olatoke, J. O.; Ijaiya, N. O. AOne of the concerted efforts of African treaties aimed at economic integration was the establishment of the African development bank (AFDB). The bank was established for the purpose of promoting economic and social development in Africa by providing loans and grants to African government regional member countries (RMC’s). However, as lofty as this aims are, there are some teething clogs barricading the functionality of the African development bank. The thrust of this paper therefore is to examine the origin and development of the bank vis-à-vis the law regulating its operations. In the final analysis, the paper posits that the working together of the African development bank. African development fund and Nigerian trust fund with other international organization like world trade organization (WTO) and the international monetary fund (IMF) would shape and accelerate the actualization of the functionality of the African development bank internationally.