African Development Bank meets as shrinking aid, Ebola cast long shadows

African leaders and financiers gathered for the African Development Bank’s annual meeting on Monday as the continent faces shrinking aid flows, with this week’s event in Congo Republic overshadowed by an Ebola outbreak across the border. Overseas development aid from the world’s richest nations to poorer countries dropped by nearly a ‌quarter last year to US$174.3 billion. The US led the cuts, including reduced funding to the concessional lending arm of the AfDB – Africa’s largest development...