African Development Fund
| Title | African Development Fund |
| E-mail, phone number and mailing address | Immeuble du Centre de Commerce International d'Abidjan (CCIA) |
| Facility URL | www.afdb.org/en/projects-and-operations/financial-products/african-development-fund/ |
| Facility Objectives | The ADF was established in 1972 and is administered by the African Development Bank (AfDB). It comprises 29 contributing countries and benefits 38 countries, of which nearly half are classified as fragile or conflict-affected states. The ADF has invested US$ 45bn since it became operational in 1974. |
| Key activities | 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 economic development. |
| Type of finance provided | Loans; reimbursable advances; risk guarantees; credit guarantees; technical assistance |
| Size of project supported | Small, medium and large scale |
| Range of funding provided (min/max) | No minimum; maximum US$ 1.4m (UA 1m) |
| Beneficiaries supported | Governments; RECs; publicly-owned utilities; sub-national authorities; public sector; public-private partnerships |
| Project type | National; regional |
| Project preparation phases supported | Enabling environment; project definition; project feasibility; project structuring; transaction support; post-implementation support |
| Application process | Applications to the ADF must be made by the government, governments or REC requesting a PPF advance for the preparatory activities of a specific operation. |
| Eligibility exclusions | Private sector developers cannot apply direct to the ADF but must be in partnership with a public sector institution (PPP), whose government will apply on behalf of the partnership. |
| Countries | Benin, Burkina Faso, Cape Verde, Côte d'Ivoire, Gambia, Ghana, Guinea, Liberia, Mali, Niger, Nigeria, São Tomé & Príncipe, Senegal, Sierra Leone, Togo, Burundi, Comoros, Djibouti, Ethiopia, Kenya, Rwanda, Seychelles, Somalia, Sudan, South Sudan, Tanzania, Uganda, Cameroon, Central African Republic, Chad, Congo-Brazzaville, Democratic Republic of Congo, Equatorial Guinea, Gabon, Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, South Africa, Swaziland, Zambia, Zimbabwe |
| Sub-Sectors |