General information
Title
Participation in the 3-yearly replenishement of the resources of the African Development Fund (FAD13) - To ventilate
ID
XM-DAC-2-10-3015453
Start date
End date
Activity status
Completion
Actor
African Development Bank (Special Fund) - Afr.DB - Sp.F
Policy markers
Gender 1
Good Governance 1
Aid type
Core contributions to multilateral institutions and global funds
Fragile state
No
Least developed country
No
Budgetline
54 33 544207 (ex 54338407) Compulsory contributions development banks and warranty funds
Finance type
CAPITAL SUBSCRIPTION DEPOSIT BASIS
Tied status
No
Flow type
ODA
SDGs
Body
General
The ADF promotes economic and social development in 38 low-income African countries through the provision of concessional loans and grants (including to the private sector) to finance projects and programmes, as well as technical assistance for studies and capacity-building activities. Its main objective is to reduce poverty in Regional Member Countries in Africa. As the Bank Group invests in new projects and initiatives on the continent, the resources provided to the ADF are periodically augmented. The ADF is replenished every three years by 26 donor countries.
Results
The Fund's core strategic priorities under ADF-11 include infrastructure, governance, support for fragile states and regional integration.
Other
In December 2007, the ADF successfully concluded its 11th Resource Replenishment (ADF-11) with a record level of UA 5.9 billion for the Fund's activities in the 2008-2010 period. For this period, Bank Management and the donor countries, represented by the ADF Deputies, agreed on a focused set of strategic and operational priorities centered around infrastructure, governance, regional integration, and support for fragile states.
