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.

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

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The Bank Group 10-Year Strategy of the African Development Bank Group 2024-2033 rests on a foundation of optimism about Africa’s potential to transform societies, economies, and the lives of the people of the continent for the better. Over the past two decades, Africa has got many of the fundamentals right, enjoying its most sustained period of economic growth and bringing

The African Development Fund (ADF or the Fund) is the concessional financing window of the African Development Bank Group. The Fund provides low-income Regional Member Countries (RMCs) with grants, concessional loans including for project preparation and/or guarantees depending on their country classification. The resource envelope available for a country is …

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.

Jan 20, 2025 · Mission 300 Africa Energy Summit to concretize efforts to connect 300 million Africans to energy by 2030 17-Jan-2025 - In a bold step to address Africa’s persistent energy crisis, the World Bank Group and the African Development Bank Group will convene an Africa Energy Summit on January 27-28 to advance an ambitious plan to deliver electricity to 300 million Africans by 2030.

Established in 1964, the African Development Bank (“ADB” or “the Bank”) is the Bank Group’s largest institution. Its shareholding is constituted by both African countries (RMCs) and non-African countries (Non-Regional Member Countries). As of 31 December 2023, there are 81 ADB shareholders. To finance operations funded out of the ADB …

The Country Focus Reports (CFRs) foster policy dialogue on macroeconomic performance and outlook and provide insights on mobilising private sector and natural capital finance to drive the continent’s climate resilience and green growth policies. The reports contain several short, medium, and long-term policies to accelerate African countries' economic growth and build resilience to shocks ...