Africa development fund. Government agency established by the U.

Africa development fund It provides concessional funding to Africa’s most vulnerable countries by tackling the root causes of fragility, strengthening resilience and mainstreaming cross-cutting issues in alignment with donor’s China became a member of the African Development Fund and African Development Bank in 1985. The group is a leading source of multilateral financing in Africa with a model that offers countries a high degree of ownership over policy agendas and development priorities. The African Development Fund (ADF) is the concessional window of the African Development Bank (AfDB) Group. Administered by the African Development Bank, it comprises, to date, 32 contributing countries and benefits 37 countries. -Canada-African Development Bank Climate Fund (CACF), a CAD$ 132. President Ruto reaffirmed his advocacy during a high-level meeting with Dr Akinwumi Adesina, President of the Through the African Development Fund's new climate action window with an initial financing of $429 million, the African Bank will strengthen Africa's development efforts and promote a resilient and low-carbon development trajectory. Canada’s support to the Bank Group includes: -Agri-SME Catalytic Financing Mechanism (ACFM), a CAD$ 100 million (US$ 80 million) Agri-Business co-financing Facility, which has been fully disbursed to the Bank in April 2022. Feb 2, 2025 · The United Kingdom joined the African Development Fund (ADF) in 1973 and became a member of the African Development Bank in 1983. ADF-16 became effective on 8 June 2023 and covers 2023-2025. Projects to be financed by the first CFPs of the Adaptation Sub-Window of the CAW must be Paris aligned, that is support the goal of the Paris agreement on climate mitigation and adaptation Korea joined the African Development Fund (ADF) in 1980 and the African Development Bank in 1982. Algeria and Morocco contributed to the Fund for the first time. 3rd Call for Proposals of the Climate Action Window (Applications are open now) Deadline: February 05, 2025, at 23h59 (GMT) Following the launch of the Third Call for Proposals (CfP3) of the Climate Action Window (CAW) at COP 29, eligible beneficiaries are invited to apply for grant funding under the Technical Assistance (TA) Sub-window. The Fund is the concessional window of the African Development Bank Group. See editor’s note Donors of the African Development Fund (ADF) on Thursday agreed to commit $7. In particular, the paper looks at the investment of the China-Africa Development Fund (CAD Fund), an equity investment fund focusing on investment in Africa. The AfDB has a field presence in 44 African countries, with an external office in Japan, and contributes to the economic development and social progress of its 54 regional member states. AGF was created in 2011 by the Danish Government (represented by DANIDA), the Spanish Government (represented by AECID) and the African Development Bank, with a mandate to facilitate Dec 5, 2024 · ABIDJAN, Ivory Coast, December 5, 2024/APO Group/ -- The Board of Directors of the African Development Fund (https://apo-opa. The partnership aims to equip 3 million Africans and 30,000 government officials with AI skills. African Development Foundation (USADF) is an independent U. Dec 2, 2024 · The African Development Fund is the African Development Bank Group’s concessional financing window; it was created in 1972 and has been operational since 1974. This contribution follows a similar contribution in May 2015 A United Voice for Global Change. African Women’s Development Fund (AWDF) AWDF supports women-led organizations in Africa, primarily focusing on gender equality, leadership, and economic empowerment. Oct 1, 2024 · The African Development Fund (ADF) is the concessional window of the African Development Bank (AfDB) Group. Then apply to join our team. The South Africa Development Fund (SADF), formerly known as Fund for a Free South Africa (FreeSA), was established in 1985 by Themba Vilakazi with a group of South Africans living in exile in the United States. Government agency established by the U. Tight fiscal policy contributed to slower economic growth, despite large investments in oil and gas. This fifteenth replenishment of the ADF (ADF-15), up 32% from the previous cycle, sends […] Oct 30, 2024 · African Development Fund: An engine for regional progress. Jun 8, 2023 · African Development Fund-16 Consultations for the sixteenth replenishment of the African Development Fund (ADF-16) concluded in December 2022. 4 billion. The USADF supports these (iii) Fund investment: as a fund of funds, China-Africa Development Fund invests in other funds in conformity with the state’s diplomatic and trade cooperation policies for African countries. The AfDB comprises three entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). AfDB’s strategy The Bank’s private sector supports viable projects for the delivery of the Bank’s Ten-Year Strategy, which continues to shape its interventions and operations over the planning horizon to 2022. AYDF’s focus is to maintain and grow that impact. Both income before distributions and net income of the African Development Bank (ADB) and the African Development Fund (ADF) were higher than in 2021. The African Women’s Development Fund is thrilled to announce this exciting vacancy that has arisen in its team. Tel: + 233 242700881 Jun 7, 2024 · The African Development Bank and technology giant Intel have formalized their cooperation to transform the African digital ecosystem. M. The credit policy classification determines each RMC’s eligibility for either concessional The African Development Fund is helping Guinea to build institutional capacities that can facilitate industrial development and strengthen the resilience of its SMEs 26-Jun-2024 Guinea: USD 14 million loan from the African Development Fund will support industrial development and resilience of SMEs Dec 6, 2019 · JOHANNESBURG, South Africa, December 6, 2019/APO Group/ -- Donors of the African Development Fund (ADF) on Thursday agreed to commit $7. A robust ADF replenishment in 2025 is needed to meet growing demands. The latest replenishment is projected to connect 20 million to electricity, benefit 24 million through agricultural improvements, provide access to water and sanitation for 32 million, and enhance transport access for 15 million. The 37 ADF-eligible countries include those that are increasing their economic capacities and heading […] The African Development Fund (ADF or the Fund) is the concessional financing window of the African Development Bank Group. The Covid-19 pandemic reminds us why we created the African Development Fund in the first place: to make a difference, especially for the poorest and most vulnerable countries. Signed on the twenty-ninth day of November, 1972, in Abidjan, Côte d’Ivoire, by the African Development Bank and 15 States; Agreement establishing the African development fund - 2016 Edition | African Development Bank Group Nov 9, 2024 · 5. He chairs the Boards of both the African Development Bank and the African Development Fund. We believe that sustainable investments in these resources will benefit both current and future generations by creating jobs and strengthening the economic Mar 27, 2025 · African Development Fund. The United Kingdom (UK)’s contributed GBP 500,000 (USD 705,566) to the African Legal Support Facility (ALSF) and GBP 4. London, 04 October 2021 – Development Partners International (DPI), a premier investment firm focused on Africa, today announced that African Development Partners III Fund (ADP III), has exceeded its US$800 million target, and is set to hold a final close at US$900 million, with an additional US$250m of dedicated co-investment capital. The African Gaurantee Fund (AGF) supports financial institutions wishing to increase their commitment to small and medium entreprises (SMEs), enabling them to play a key role in the growth of African economies. 6% in 2023, lower than the 6. Oct 4, 2021 · Download the release . The African Development Fund (AfDF), part of the African Development Bank Group (AfDB), contributes to poverty reduction in its member countries by spurring sustainable economic development and social progress. India became a member of the African Development Fund (ADF) in 1982 and of the African Development Bank in 1983. During the consultations on the ADF-13 replenishment, participants affirmed that country performance and needs will continue to drive resource China Africa Development Fund (CADF) is a vehicle solely funded by the China Development Bank (CDB). -US$ 26 million committed to the Sustainable Energy Fund for 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. The U. China-Africa Development Fund exits these investments according to the prescribed exit mechanism and deadlines. Refer to the USADF website to validate any requests you receive related to applying for USADF funding. Over the past 47 years, the ADF has played a central role in providing concessional resources and knowledge services to low-income African countries while FIRM team The FIRM Department leads the Bank Group’s resource mobilization, partnerships, and management of donor & partner relations. NTF resources can co-finance operations with the The AfDB was founded following an agreement signed by member states on August 14, 1963, in Khartoum, Sudan, which became effective on September 10, 1964. By specialising in grant-making and focused, tailored movement-building programmes, we work to strengthen and support the work of African women’s Uganda Economic Outlook Uganda’s economy expanded 4. Administered by the AfDB , it comprises, to date, 32 contributing countries and benefits 37 countries. Out of these 37 countries, 13 receive only grants; 19 receive concessional loans and grants and 5 are eligible for both ADF and ADB resources (blend). What is AGF? The African Guarantee Fund is a new non-bank financial institution in Africa. Facebook Vimeo Instagram Linkedin. Dec 6, 2022 · ADF-16 core funding represents a 14. The Africa Climate Change Fund (ACCF) is a multi-donor trust fund that enhances access to climate finance through capacity building, direct project implementation and strengthening of enabling environments. 4 million (USD 6. The application process: Access to the resources of the African Development Fund (ADF) is guided by the classification of Regional Member Countries (RMCs) under the Bank Group’s credit policy, which is driven by two criteria: (i) per capita income; and (ii) creditworthiness to sustain the non-concessional financing. 5, 2019. The African Development Fund (ADF) contributes to the promotion of economic and social development in least developed African countries by providing concessional funding for projects and programs, as well as technical assistance for studies and capacity-building activities. Regional member countries [alert type="success"] Algeria Egypt Libya Mauritania Morocco Tunisia Benin Burkina Faso Cabo Verde Côte d’Ivoire Gambia Ghana Guinea Guinea-Bissau Liberia Mali Niger Nigeria Senegal Sierra Leone Togo Burundi Comoros Djibouti Eritrea Ethiopia Kenya Rwanda Seychelles Somalia Sudan South Sudan Tanzania Uganda Cameroon Central African Republic Chad Congo Democratic The Bank Group president spoke about the African Development Fund's impressive record as the largest financier of regional transport infrastructure corridors and regional energy connectivity and There is an urgent need to close Africa's infrastructure financing gap of $68-108 billion a year to support the continent's accelerated growth and development. Loan and investment income for the Nigeria Trust Fund (NTF) increased in 2022 Sep 12, 2022 · It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). Established in 1972, it became operational in 1974. The Performance-Based Allocation (PBA) system continues to form the bedrock for allocating the ADF’s resources to its beneficiaries. Post: P. Africa Growing Together Fund (AGTF) China and the Bank Group established the Africa Growing Together Fund (AGTF), which became operational in November 2014, with an envelope of USD 2 billion for 10 years. Established as the concessional financing arm of the AfDB, the African Development Fund has become instrumental in building regional transport infrastructure, power connectivity, and other large-scale projects. On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. At the Johannesburg Summit of the FOCAC on December, 2015 The PPF was established in 2000 with an initial amount of UA 19. USADF's investments aim to increase incomes, revenues, and jobs by promoting self-reliance and market-based solutions to poverty. Akinwumi Ayodeji Adesina is the 8th elected President of the African Development Bank Group, having taken the oath of office on September 1, 2015. Established in 1972, it became operational in 1974. We launched our ten-year strategic framework, Lemlem, in 2023, a Mar 6, 2016 · The African Development Bank (AfDB), headquartered in Côte d’Ivoire, is an international entity established in Africa during the 1960s with the objective of supporting the economic development and social progress of countries in Africa by promoting investment of public and private capital in projects and programmes that aim to reduce poverty and improve living conditions. The African Development Bank and Urban and Municipal Development Fund support is open to all regional member countries. Show More African Development Fund-15 Consultations for the fifteenth replenishment of the African Development Fund (ADF-15) were concluded in December 2019. The PPF has been replenished once during the ADF-15 cycle (2020-2022) for UA 75 million. Africa50 is working with several partners, including national governments, project developers and development finance institutions, to mobilize private sector investments for bankable The GDI Special Fund of China Development Bank (hereafter referred to as GDISF) is a special-purpose fund set up by China Development Bank(hereafter referred to as CDB) in fulfillment of the Memorandum of Cooperation on Jointly Promoting the Implementation of GDI between CDB and China International Development Cooperation Agency(hereafter Oct 10, 2024 · How the African Development Fund is making a difference for Africa’s most vulnerable. CADFund was inaugurated on 26 June, 2007. The Fund comprises 32 Jan 27, 2025 · The African Women’s Development Fund (AWDF) is a Pan-African organization dedicated to supporting women’s rights and feminist movements across Africa. Its objective is to assist the development efforts of the Bank's low-income regional member countries whose economic and social conditions and prospects require concessional financing. Carefully review the country specific RFAs for the proper process to apply for funding and only send your application and supporting documents to the email address listed in the RFA document posted on this website. 6 billion to speed up growth in Africa’s poorest nations and help lift millions out of poverty. Are you ready to be part of this passionate diverse and dedicated team working to support and strengthen feminist organisations and movements in pursuit of gender justice and social transformation. The resource envelope available for a country is referred to as a Performance Based Eligibility and Country classification Depending on country classification, ADF currently provides loans, grants, and guarantees to 37 ADF eligible countries. Dec 6, 2022 · After a year of intense negotiations and a difficult global economic outlook, development partners of the African Development Fund (ADF) have agreed to commit a total package of $8. 2 million) to the Africa Risk Disaster Risk Financing (ADRiFi) programme. Valerie DABADY Job tile : Division Manager Ms. 24% increase over ADF-15 of $7. Despite strong performance in mining, construction, and hospitality, lower manufacturing output and contractions in food production and public administration led to the slowdown. ” is committed to the sustainable use of Africa’s natural resources to create development projects focused on youth, families, and communities. 1 billion) from its African Development Fund’s (ADF) contributors, to support investments and institutional support projects. 9 Apr 26, 2023 · In December 2022, in Tangier, Morocco, on the occasion of the 16th replenishment of the African Development Fund (ADF), the African Development Bank and its development partners created a Climate Action Window for low-income countries. It is the largest replenishment in the history of the Fund. The Department achieves its mission by targeting sovereign and non-sovereign parties which have an interest in Africa. However, sub-Saharan Africa currently receives less than 3% of global climate finance. The AfDB comprises three entities: the African Development Bank (ADB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). Canada joined the African Development Fund (ADF) in 1973 and the African Development Bank in 1982. It contributes to the economic and social development of 37 low-income African countries, including those in a fragile situation, by providing funding and knowledge services while Recognizing that climate change poses the single greatest threat to development in Africa and affects Africa’s low-income countries disproportionately, a dedicated Climate Action Window (CAW) with a strong focus on accelerating adaptation action was created during the Sixteenth (ADF-16) Replenishment of the African Development Fund (ADF-16 Aug 1, 2022 · The African Development Bank Group is comprised of the African Development Bank (AfDB) and the African Development Fund. Congress to support and invest in African-owned and African-led enterprises that improve the lives and livelihoods of people in underserved communities in Africa. Objectives PPF was structured in order to, inter-alia: Promote the quality at entry of projects and programmes by supporting the preparatory phase; […] African Youth Development Fund (AYDF) was formed in 2004, and over the preceding years the organisation has been committed to developing new ways to impact lives through training and development on the continent of Africa. V. Linked to the guarantees provided, AGF also sponsors capacity-development efforts in its client financial institutions African Development Fund 116 FINANCIAL RESULTS The Fund reported a deficit of UA49. Facebook Vimeo Instagram Linkedin The African Development Fund (ADF) is the concessional window of the African Development Bank (AfDB) Group. The United States of America became a member of the African Development Fund (ADF) in 1976 and of the African Development Bank in 1983. The Fund encourages Chinese businesses’ investments and activities in Africa in the fields of power generation, transportation infrastructure, natural resources and manufacturing, among others. May 29, 2024 · The African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, plays a critical role in providing financing and technical assistance to low-income countries. ADF is the concessional window of the African Development Bank Group, providing grants and soft loans to the Dec 16, 2022 · It is a strong endorsement of the African Development Fund and its impact in tackling the continent’s multiple development needs, including recovery from the Covid-19 pandemic, the effects of climate change, fragility, debt, and economic vulnerabilities. 3% registered in 2022. By providing grants, AWDF aims to make gender justice a reality throughout the continent. It is a separate legal international organization part of the African Development Bank Group. 66 million on November 29 to Burkina Faso and Mali for the upgrading and asphalting of cross-border roads linking the two landlocked West African countries to Côte d'Ivoire. 28-Mar-2025 African Development Bank Group approves $50 million trust fund to end school-age hunger in Africa AFRICAN DEVELOPMENT FUND BOARD OF GOVERNORS Resolution F/BG/2023/01 Adopted by postal ballot on 2 April 2023 The Sixteenth General Replenishment of the Resources of the African Development Fund THE BOARD OF GOVERNORS, HAVING REGARD TO: (i) The relevant Articles of the Agreement (the “Agreement”) Establishing the African Deadline: 2-Feb-24 The African Development Bank Group has announced a call for proposals under Climate Action Window (CAW) for the Adaptation Sub-Window. In May 2017, the Bank held its 52nd Annual Meetings in Ahmedabad, India. 1). org or grants@awdf. Subscribe to any of our feeds to receive automatic updates when new content is published. co/4f9eBTb) approved loans totalling €156. They currently face a climate financing gap of about $60 billion annually. B CT 89 Cantonments, Accra, Ghana. The CAW is structured to accelerate climate action in Dec 6, 2022 · TANGIER, Morocco, December 6, 2022/APO Group/ -- After a year of intense negotiations and a difficult global economic outlook, development partners of the African Development Fund (ADF) have agreed to commit a total package of $8. As the continent's premier development finance institution, the AfDB's mission is to help reduce poverty, improve the lives of Africans and mobilise resources for the continent's economic and social Jan 28, 2020 · The African Development Fund is the concessional window of the African Development Bank Group, supported by 31 contributing countries. ADF-15 became effective on 30 June As the concessional financing window of the African Development Bank group, the African Development Fund (ADF) provides low income Regional Member Countries (RMCs) with concessional loans and grants, guarantees as well as technical assistance for studies and capacity building in support of projects and programmes that spur poverty reduction and Deadline: Ongoing The United States African Development Fund (USADF) that connects community enterprises in Africa with capital and technical support, accepts applications from the underserved communities (small holder farmers, youth, women and girls, and recovering communities) in conflict affected, post-conflict affected countries and communities left behind. 9 billion ($ 7. Investment income Oct 10, 2019 · Founded in 1964, the AfDB is comprised of three entities: the African Development Bank (ADB), the African Development Fund (ADF), and the Nigeria Trust Fund (NTF). 2 million drawn from the ADF-8 replenishment. The general cooperation agreement signed in May 2021 by Korea and the Bank Group governs a range of collaborative initiative between the two parties, including KOAFEC Trust Fund, co-financing, and human development. The TSF plays a crucial role in creating synergies with the Bank’s full range of instruments and catalyzing other sources of development finance. The Nigeria Trust Fund (NTF) was created in 1976 by agreement between the Bank Group and the Nigerian government. The ADF-recipient countries include those that are increasing their economic capacities and heading toward becoming the new emerging markets—as well as those that remain fragile and need special assistance for basic levels of service The African Development Fund (ADF) is the concessional window of the African Development Bank (AfDB) Group. Please beware of email scams. The NTF is a self-sustaining revolving fund. The window covers 37 member countries of the ADF, which are also among the world’s most fragile and The African Women’s Development Fund. As a feminist fund, we resource, support and nurture African women’s rights organisations and feminist movements to sustain themselves. CADFund aims to encourage and support Chinese enterprises to invest in Africa. Dec 16, 2024 · Recognizing that climate change poses the single greatest threat to development in Africa and affects Africa’s low-income countries disproportionately, a dedicated Climate Action Window (CAW), which has a strong focus on accelerating adaptation action reducing warming, was created during the Sixteenth Replenishment of the African Development Dr. The program comprises four transformative pillars: Food Security: This pillar seeks China-Africa Development Fund (CADFund) is one of the “Eight Measures” for China-Africa practical cooperation announced by the Chinese government on the Beijing Summit of the Forum on China-Africa Cooperation. government agency established by Congress in 1980 to invest directly in African grassroots enterprises and social entrepreneurs. Adesina served as Nigeria's Minister of Agriculture and Rural Development from 2011 to 2015. Consumer Dec 11, 2019 · Correction: reissue of press release dated Dec. We encourage you to contact AfDB with inquiries about potential support or partnerRequests for technical or financial assistance shall be directed to the Bank through a request letter and the submission of a Project Brief May 12, 2024 · Kenya’s President William Ruto has intensified his campaign for a substantial replenishment of the African Development Fund, underscoring the transformative impact of the Fund-backed projects in the country. Bénin : les femmes de la filière karité construisent leur résilience économique et financière grâce au Fonds africain de développementEn savoir plusLa route Lomé-Cotonou, réhabilitée avec l’appui du Fonds africain de développement, renforce l’intégration économique et dynamise l’entrepreneuriatEn savoir plusOuganda et Soudan du Sud : le Fonds africain de développement Right from its inception, the African Development Fund has improved the lives of millions of people by providing concessional loans to those countries that need it most. Established in April 2014, with an initial contribution from the Government of Germany, the ACCF was converted into a multi-donor Trust fund in 2017, with contributions from the Governments The African Development Bank provides various RSS feeds to help you stay informed about our activities, opportunities, and initiatives. The United States through USAID has participated in various Bank initiatives/Funds: -US$ 120 million to the African Emergency Food Production Facility (AEFPF) and the Africa Risk Capacity (ARC). The aim of the fund is to stimulate investment in Africa by Chinese companies in power generation, transportation infrastructure, natural African Women’s Development Fund (AWDF) Call for Proposals February 2024 Why? AWDF is a Pan-African feminist fund that envisions a world and a continent where gender justice, freedom and equality are achieved for all. Show More African Development Fund The ADF is the concessional window of the African Development […] The Canada – African Development Bank Climate Fund (CACF) is a Special Fund established in 2021 as a joint effort between the Government of Canada and the African Development Bank to fight climate change in the African continent. It is a strong endorsement of the African Development Fund and its impact in tackling the continent’s multiple USADF is an independent U. 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. Dr. It is supported by 32 donors (including the Bank) who replenish the fund every three years. The India-Africa Economic Cooperation Trust Fund (IAECTF): In January 2023, India pledged USD 6 million (INR 500 million) for a new India Trust Fund. Dabady is an experienced development professional with a focus on Africa. What is the African Development Bank Group? The African Development Bank (AfDB) is a multilateral institution whose objective is to contribute to the sustainable economic development and social progress of the African countries that make up the AfDB's Regional Member Countries (RMCs). The reduction in the reported deficit arose from the increase in total income and a decrease in expenses for the period. The African Women’s Development Fund (AWDF) is a grantmaking foundation that supports local, national and regional women’s organisations working towards the empowerment of African women and the promotion and realisation of their rights . Regional Member Countries are classified in four (4) groups: […] The “African Development Fund e. S. […] Nov 28, 2022 · It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NSF). 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. Description. It is one of the key co-financing vehicles of the Bank to fund public and private sector operations Aug 30, 2024 · China-Africa Development Fund, or CADFund, is China’s first Africa-focused equity fund aiming at promoting Africa’s economic development and industrialisation, reducing poverty, improving African peoples’ livelihood, enhancing Africa’s capacity for sustainable development, and building a community of shared future for mankind through the continent, this paper explores how a state-led fund is investing in Africa. The agreement establishing the African Development Bank was signed by the member states on August 4, 1963, in Mar 6, 2025 · The African Development Bank Group has given the green light to the establishment of a trust fund to curb hunger among school-age children in Africa. It has proven effective for directing more resources to stronger performing countries since its adoption in 1999. Sealed at the recent African Development Bank’s Annual Meetings in Nairobi, Kenya, the deal will help create a critical mass of Africans proficient in Fourth Bank Group financial results The overall financial performance of the Bank Group improved in 2022 with an increase in gross income across its entities (Table 5. The AWDF Story: An African Feminist Journey By amplifying and celebrating African women’s voices and achievements, AWDF supports efforts that combat harmful stereotypes, and promote African women as agents Dec 11, 2019 · Donors of the African Development Fund (ADF) on Thursday agreed to commit $7. Email: AWDF@awdf. As the continent’s premier multilateral development institution, the AfDB has a multifaceted role. Oct 25, 2024 · It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). African Development Fund The ADF is the concessional window of the African Development Bank (AfDB) Group. The countries assisted by the African Development Fund (ADF), the concessional arm of the African Development Bank Group, are among the most fragile and conflict-affected. org. This fifteenth replenishment of the ADF (ADF-15), up 32% from the previous cycle, sends a strong signal of trust in the Fund, which is the concessional window of the African Development Bank Group. 59 million in 2020, com-pared with a deficit of UA86. 88 million in 2019. Grants from AWDF empower women in entrepreneurship, healthcare, and environmental projects, often providing between $5,000 to $50,000. Since inception, the facility has mobilized over UA 4. It specialises in providing loan guarantees and other guarantee products to African financial institutions (commercial banks, leasing companies, micro-finance institutions, and others). The China-Africa Development Fund (Chinese: 中非发展基金), more commonly known as CAD Fund, is a China Government Guidance Fund solely funded by China Development Bank, a Chinese government policy bank. 9 billion to its 2023 to 2025 financing cycle. This paper first and foremost attempts to understand the Africa Adaptation Acceleration Program (AAAP) The Africa Adaptation Acceleration Program (AAAP) is a collaborative initiative between the African Development Bank and the Global Center on Adaptation (GCA) aimed at mobilizing $25 billion over five years to enhance and expedite adaptation actions across Africa. The objective of CACF is to extend long-term concessional loans to climate mitigation and adaptation projects that embed strong gender equality principles The African Development Fund (ADF) is the concessional window of the African Development Bank (AfDB) Group. rpct uxvym zqx qmqnru uxe olfee jyr oqkcu yoqj mis affk ndgj byfz yxevvtl pqgwpt