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The African Development Fund - 50 Years of Making a Difference

The African Development Fund, the concessional financing window of the African Development Bank Group, is turning 50! Five decades after its establishment, the African Development Fund continues to play a key role in improving the lives of millions of people across Africa. Established in 1972 and operational in 1974, the Fund provides low-income African countries, including those in fragile situations, with catalytic finance via grants, guarantees mechanism and concessional loans.

More on AfDB's AllAfrica page.

AfDB

The ADF contributes to the promotion of economic and social development in 38 least developed African countries by providing concessional funding for projects and programs, as well as technical assistance for studies and capacity-building activities.

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