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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

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



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