Canada joined the African Development Fund (ADF) in 1973 and the African Development Bank (AfDB) in 1982. It supported the 2010 General Capital Increase, and the ADF-13 replenishment of the African Development Fund. For ADF-13, Canada’s total pledge amounted to CAN $309,300,000. Canada’s burden share represents 4.9% of ADF-13.
The African Development Bank Group is one of Canada’s key development partners in supporting sustainable economic growth in Africa. Areas of focus for Canada include private sector development, natural resource management, governance and gender equality.
Other priority development areas for Canada’s partnership with the AfDB Group include securing the future of children and youth (with a focus on maternal, newborn and child health) and increasing food security.
Canada supports the following Multi-Donor Trust Funds and other initiatives hosted by the Bank:
- NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF) (total of CAN $25 million to date) – NEPAD-IPPF was established in 2005 to support the preparation of viable and bankable regional infrastructure projects and programs in Africa. Its aim is to attract more public and private investments for development of infrastructure to benefit the Bank’s Regional Member Countries.
- The African Water Facility (AWF) (total of CAN $39 million to date) – The AWF was established in 2004 to enhance equitable and sustainable development and management of Africa’s water resources for poverty alleviation, socio-economic development, and regional cooperation. It also seeks to foster environmental resilience.
- Congo Basin Forest Fund (CBFF) (CAN $20 million) – The CBFF was established in 2008 to alleviate poverty and address climate change through combating deforestation and forest degradation in the Congo Basin. CBFF’s transformative and innovative projects aim at developing capacity of people and institutions within the Congo Basin to manage their forests, and improve their livelihoods without depleting the forests.
- African Legal Support Facility (ALSF) (CAN $10 million) – The ALSF was established to build the capacity of African governments to negotiate complex commercial transactions. Canada’s multi-year financing is targeted towards ALSF’s provision of legal advice and technical assistance to African governments involved in extractives sector negotiations.
- Africa Trade Fund (CAN $15 million) – The Africa Trade Fund was established to help developing countries to engage effectively in trade negotiations with other countries, and to implement trade reforms and projects within their own nations.
Mr. Hau Sing Tse
Executive Director, representing Canada, China, Korea, Kuwait and Turkey
African Development Bank, Abidjan, Côte d’Ivoire