African Development Fund. The African Development Fund (ADF) contributes to poverty reduction and economic and social development in the least developed African countries by providing concessional funding for projects and programs, as well as technical assistance for studies and capacity-building activities.

26-Jul-2023: African Development Bank Group - Annual Report 2022: Highlights

OVERVIEW OF THE AFRICAN DEVELOPMENT BANK GROUP – IN BRIEF Founded 1964 Constituent Institutions The African Development Bank (AfDB) The African Development Fund (ADF) The Nigeria Trust Fund (NTF) Shareholders 54 African countries (regional member countries) 27 non-African countries (non-regional member countries) Mission To promote sustainable economic growth and reduce poverty in Africa.

Jul 27, 2022 · African Development Bank’s Acting Chief Economist/Vice President Kevin Urama (L), Cathy Pattillo, Deputy Director of IMF’s African Department, and James Roaf, IMF’s Assistant Director Fiscal Affairs and Climate Change Policy Coordinator at a presentation of the African Economic Outlook at the IMF’s headquarters in Washington D.C

The Annual Development Effectiveness Review (ADER), published annually, assesses the African Development Bank’s support to the sustainable development of African countries. It specifically examines contributions to the Bank’s High 5 strategic priority areas driving Africa’s transformation: Light Up and Power Africa, Feed Africa, Industrialize Africa, Integrate Africa, and

Climate change threatens sustainable development in Africa, particularly among poor and highly vulnerable countries which have contributed least to greenhouse gas emissions. According to the 2022 Climate Vulnerability Index (link is external) nine of the 10 most vulnerable countries are in Sub-Saharan Africa, namely Chad, Central African …

Annual Report. The Bank Group Annual Report 2023 is the annual report submitted by the Boards of Directors of the African Development Bank (Bank) and the African Development Fund (Fund) to the Boards of Governors of the Bank and the Fund.. African Economic Outlook. The African Economic Outlook (AEO) Report is an annual publication prepared and published by the African Development Bank

CGP Participant Value Proposition African Development Bank Key Promoter and Host of the Africa Co-Guarantee Platform’s Secretariat AAA rated regional development bank for all African states Can provide finance critical to meeting “investability” requirements for providers of risk mitigation and finance Innovator in creating financial structures (e.g.

Access to the resources of the African Development Fund (ADF) is guided by the classification of Regional Member Countries (RMCs) under the Bank Group’s credit policy, which is driven by two criteria: (i) per capita income; and (ii) creditworthiness to sustain the non-concessional financing. The credit policy classification determines each RMC’s eligibility for either concessional ...

Over the years, the African Development Bank has continued to pursue its institutional reforms aimed at maximizing its development effectiveness and the quality of its operations, supporting efforts by its regional member countries and building their capacity to strengthen their economies. The Bank has also consolidated its role as the continent's …