Denmark

Partnership overview

Denmark became a member of the African Development Fund (ADF) in 1973 and of the African Development Bank (AfDB) in 1982. Denmark’s contribution to ADF XII was of UA 77.3 million* (US $115.89 million), which represents a 51 per cent increase in UA from the level of ADF XI. Denmark’s burden share represents 1.891 per cent of ADF-XII.

Joint initiatives

• Denmark contributes DKK 75 million (US $13.4 million) to the Zimbabwe Multi-Donor Trust Fund to support the early recovery and development efforts in Zimbabwe. The ZimFund was approved by the Board in May 2010 and launched in March 2011 in Harare.
• Denmark contributes DKK 9.3 million (US $1.6 million) to the new Fund for Countries in Transition established in 2012.
• Denmark contributes DKK 300 million (approx. US $57 million) to “The Sustainable Energy Fund for Africa” (SEFA) managed by AfDB. The Fund provides technical assistance for the preparation of bankable renewable energy projects.
• In 2010, Denmark and AfDB launched the African Guarantee Fund (AGF) to meet the investment needs of SMEs and for capacity development of financial institutions. The Bank contributed an equity participation of US $10 million and Denmark contributed US $20 million.
• The Danish Ministry of Foreign Affairs (MFA) supports the NEPAD Infrastructure Project Preparation Facility (NEPAD IPPF) by providing a Technical Assistance in Energy and Trade to AfDB.

Contacts
Ms. Margit Thomsen
Executive Director, Finland
Tel: (216) 71 10 20 20

Ms. Veronica Giardina
Principal Cooperation Officer
Partnerships and Cooperation Unit (ORRU)
Tel: (216) 71 10 2519