In the early 2000s, the Bank was one of the first multilateral organizations to institutionalize the fragility agenda, highlighting the Bank’s longstanding engagement in addressing fragility and building resilience.
In twenty years, strategic, policy and programmatic shifts were undergone in line with increased understanding of the drivers of fragility.
In recognition of the various drivers of fragility, the Bank established a specific financing mechanism geared to assist regional member countries in fragile settings or in transition: The Transition Support Facility (TSF).
The ADF was established in 1972 and became operational in 1974. It is a separate legal international organization part of the African Development Bank Group.
It is supported by 32 donors (including the Bank) who replenish the fund every three years.
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 demonstrating clear value for money. ADF delivers transformative ideas and catalytic finance to Africa’s low-income countries, including those in fragile situations. The ADF is an important source of funding, the development impact from its operations is efficient and demonstrates value for money, making the ADF a trusted and strategic partner to its stakeholders.
© 2022 African Developement Fund , All Rights Reserved.
