Regional Integration
Deeper regional integration within Africa is imperative to build markets and new opportunities for growth, job creation and improved living standards; to create more robust, competitive and diversified economies; and, to attract and reward new sources of investment finance. The Bank’s members have identified regional integration as a key strategic objective for the institution, and have set aside increasing amounts of African Development Fund (ADF, the AfDB concessionary window) resources to finance operations for this purpose. Going forward, the Bank will focus on deepening cross-border economic, commercial and policy linkages, including between ADF and ADB (the AfDB non concessionary window) countries.
Beyond project finance, which will concentrate on investments in cross-border infrastructure and selective support to regional public goods, the Bank will provide assistance and advisory services, including work with the African Union (AU) to increase the effectiveness and relevance of the network of regional and sub-regional economic communities and bodies.
The Bank’s new Framework for Regional Operations provides the basis for significantly expanded support, utilizing a pool of specifically earmarked ADF resources and clear guidelines to ensure selectivity, ownership and impact. Based on the current pipeline, approximately 83% of the earmarked resources will have been committed by end 2009.
- 05/04/2013 - North African and Middle East Countries Poised to Upgrade Concentrated Solar Power Use with AfDB, World Bank, and CIF Support
- 05/04/2013 - Sierra Leone, Uganda and Mauritania poised to ramp up climate-resilient water sectors with $18.6 million from the Least Developed Countries Fund
- 05/04/2013 - The AfDB in Support of Somali’s Revival and Re-engagement with Donors
- 05/04/2013 - The African Development Fund Approves US$ 38 million to Support Rwanda’s Progress in Skills, Entrepreneurship and Jobs
- 01/04/2013 - Mesure de la pauvreté des inégalités et de la polarisation en Tunisie 2000-2010
