Content from our Premium Partner

African Development Bank (Abidjan)

Donors Agree on $7.06 Billion to the African Development Fund

In nearly 40 years of its existence, the African Development Fund (ADF)--one of the three separate entities that make up the African Development Bank Group (AfDB)-- has awarded more than US $40 billion in funding, making it one of the main sources of concessional funding in Africa with 38 recipient countries. For the 14th replenishment of the ADF, a global coalition of donors have agreed on US $ 7.06 billion to the fund with emphasis on increased financing for fragile countries and scaled up support to the private sector. Read more. More on the AfDB in this BRIEFING

Photo: AfDB

African Development Bank (AfDB) president Akin Adesina at the 2nd meeting of the 14th replenishment of the African Development Fund (ADF)

Video

InFocus

AllAfrica publishes around 600 reports a day from more than 150 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.