This phase starts with ADB Group’s interest to finance a given project or programme, and includes both in-bank and external collection of information and data which will help the Bank’s Experts to appraise the project. A preparation mission to a country is multi-disciplinary and usually led by an Expert from a Sector Department. During the preparation mission Bank Experts review the project in line with the country’s CSP, obtain existing documentation such as feasibility studies on the project, and cross-check information with the authorities of the country.
The ADB usually hires consultants to work with government counterpart staff to undertake the project's feasibility study. The consultants work closely with the various stakeholders including the government, civil society, project beneficiaries, and other development agencies working in those sectors. ADB closely monitors the consultants' work. The draft final report is reviewed at a tripartite meeting attended by representatives of the government, ADB, and the consultants. During this process, the ADB with the government agrees on an executing agency for the project or program.
Did you know?
At the end of 2015, the Bank had made USD 112 billion of loans and grants since 1967, through some 4370 operations. In 2015, it disbursed some USD 8.8 billion in 240 operations.
- 05/03/2015 - Global Environment Facility (GEF) supports climate resilience in Uganda
- 18/12/2014 - AfDB helps strengthen the resilience of socio-ecological systems in Lake Chad Basin
- 18/12/2014 - AfDB donates US $10 million to reform economic governance in Burundi
- 18/12/2014 - AfDB makes US $250-million loan to state owned company Transnet in South Africa
- 18/12/2014 - AfDB provides US $108 million to repair the Tshikapa-Mbuji Mayi road and rural infrastructure in DRC