Sweden

Partnership overview

Sweden has been a member of African Development Fund (ADF) since 1973 and became a member of the African Development Bank (AfDB) in 1982.

Sweden supported the 2010 General Capital Increase VI and ADF XII replenishment of the African Development Bank Group. Sweden contributes to the African Water Facility (AWF) and to the Making Finance Work for Africa (MFW4A) Secretariat hosted by the AfDB.

The priority areas for Swedish development cooperation are :

Democracy and human rights;
Gender equality; and
Climate and environment. 12 out of 33 of Sweden’s partner countries are in Africa.

The Swedish International Development Cooperation Agency (SIDA) has contributed funds since 1998 to assist in the preparation and implementation of development projects and programmes sponsored and supported by the AfDB and ADF.

SIDA also contributes to the African Water Facility (AWF) and to the Making Finance Work for Africa (MFW4A) Secretariat hosted by the Bank.

Joint Initiatives

Sweden supports with ADB and other partners African governments to develop their financial sectors through the Making Finance Work for Africa (MFW4A). Launched at the Heiligendamm G8 summit in 2007, MFW4A’s mission is to provide a platform for African governments, development partners and the private sector to coordinate financial sector development interventions across the continent. The ADB hosts the MFW4A Secretariat, which acts as the Partnership’s coordinating body. The Secretariat’s activities focus on: knowledge management and dissemination, donor coordination; stakeholder engagement; and advocacy and networking.
Sweden is contributing with the AfDB and other donors to the Zimbabwe Trust Fund Through this Fund the Bank and other partners will contribute to early recovery and development efforts in Zimbabwe.
Sweden will also support the climate change agenda in Africa through a financial contribution to the Climate for Development in Africa (ClimDev-Africa).