Board of Governors Documents

17-May-2019

ADF-11 Strategic Priorities Discussion Paper

The agenda for the ADF-XI Replenishment consultation in Dar es Salaam has designated a session for what ADB Management hopes will be an open and forwardlooking dialogue about strategic priorities and key issues for the agreement that we need to conclude this year.
28-Jul-2016

2016 Annual Meetings Official Record

The Fifty-First Annual Meeting of the Board of Governors of the African Development Bank (ADB) and the Forty-Second Annual Meeting of the Board of Governors of the African Development Fund (ADF) were held jointly from 23 to 27 May 2016 at the Mulungushi International Conference Centre, Lusaka, Zambia. His Excellency Alexander Bwalya Chikwanda, Minister of Finance and Governor for Zambia and Chairperson of the Boards of Governors presided over the deliberations in the presence of Dr. Akinwumi ADESINA, President of the African Development Bank Group.
15-Feb-2016

2015 Annual Meetings Official Record

The Fiftieth Annual Meeting of the Board of Governors of the African Development Bank (ADB) and the Forty-First Annual Meeting of the Board of Governors of the African Development Fund (ADF) were held jointly from 25 to 29 May 2015 at the Sofitel Abidjan Hotel Ivoire, Abidjan, Côte d’Ivoire. His Excellency Albert Toikeusse MABRI, Senior Minister of Planning and Development as well as Governor for Côte d’Ivoire and Chairperson of the Boards of Governors presided over the deliberations in the presence of Dr. Donald KABERUKA, President of the African Development Bank Group.
14-Feb-2016

2014 Annual Meetings Official Record

The Forty-Ninth Annual Meeting of the Board of Governors of the African Development Bank (ADB) and the Fortieth Annual Meeting of the Board of Governors of the African Development Fund (ADF) were held jointly from 19 to 23 May 2014 at the Kigali-Serena Annual Meetings Village (AMV), Kigali, Rwanda. His Excellency Ambassador Claver GATETE, Minister of Finance and Economic Planning as well as Governor for Rwanda and Chairperson of the Boards of Governors conducted the deliberations in the presence of Dr. Donald KABERUKA, President of the African Development Bank Group.
12-Feb-2016

2013 Annual Meetings Official Record

The Forty-Eighth Annual Meeting of the Board of Governors of the African Development Bank (ADB) and the Thirty-Ninth Annual Meeting of the Board of Governors of the African Development Fund (ADF) were held jointly from 27 to 31 May 2013 at the Palais des Congrès, Palmeraie Golf Palace Hotel (PGP), Marrakech, Morocco. His Excellency, Mr. Nizar BARAKA, Minister of Economy and Finance as well as Governor for Morocco and Chairperson of the Boards of Governors conducted the deliberations in the presence of Mr. Donald KABERUKA, President of the African Development Bank Group.
12-Mar-2015

Rules of Procedure Governing the Election of the President of the African Development Bank

The election of the President shall be held during the Board of Governors' Annual Meeting closest to the end of the term of office of the serving President. In the event of vacation of the post of President otherwise than by the legal expiry of his/her term, the Secretary-General shall immediately inform the Chairperson of the Board of Governors and the Board of Directors of the fact, if the vacating President himself/herself has not done so. The Chairperson shall by circular notice immediately inform the Board of Directors and all members of the Board of Governors of the vacation of the...
30-Jun-2014

Article 36 of the Agreement Establishing the African Development Bank

The Board of Governors shall elect by a majority of the total voting power of the members, including a majority of the total voting power of the regional members, the President of the Bank. He shall be a person of the highest competence in matters pertaining to the activities, management and administration of the Bank and shall be a national of a regional member state. While holding office, he shall not be a governor, a director or alternate for either. The term of office of the President shall be five years. It may be renewed; provided, however, that no person may be elected or serve as...
30-Jun-2014

Nomination Form for the Office of President of the African Development Bank

NOMINATION FORM FOR THE OFFICE OF PRESIDENT OF THE AFRICAN DEVELOPMENT BANK
30-Jun-2014

Form for Seconding the Nomination of a Candidate for the Office of President of the Bank

FORM FOR SECONDING THE NOMINATION OF A CANDIDATE FOR THE OFFICE OF PRESIDENT OF THE BANK
30-Jun-2014

Resolution B/BG/2014/06 - Timetable and Procedure for the Election of the President of the African Development Bank

Invitation to Governors to submit candidatures for the Office of President of the Bank. The invitation package shall contain the following documents, attached hereto: (i) Invitation Letter; (ii) Article 36 of the Bank Agreement; (iii) Rules of Procedure Governing the Election of the President of the African Development Bank ("Election Rules"); (iv) Forms for Nomination and Seconding a Nomination.
12-Mar-2014

ADF-13 - Report on the Thirteenth General Replenishment of the Resources of the ADF

The Thirteenth Replenishment of the African Development Fund (ADF or Fund) marks 40 years of the Fund’s operations and results. It will come into effect at a time when Africa’s continuing transformation appears to have developed strong momentum. For the first time in a generation, there is consensus that Africa is the next emerging continent, and will contribute to a growing share of the world’s trade, investment and economic output.1 Africa is challenging the old aid and development narrative and has sufficient momentum to forge a new narrative: one of shared responsibility.
12-Mar-2014

ADF-13 - Resolution adopted on 31 January 2014

The relevant Articles of the Agreement (the “Agreement”) Establishing the African Development Fund (the “Fund”), in particular Articles 2 (Purpose), 4 (Resources), 7 (Additional Subscriptions by State Participants), 16 (Form and Terms of Financing), 19 (Technical Assistance), 23 (Board of Governors: Powers) and 26 (Board of Directors: Functions);
10-Mar-2014

First ADF-13 Replenishment Meeting - Accelerating Progress on Gender During ADF-13

Africa has made remarkable progress in reducing gender disparities. However, in several dimensions of life, African women continue to be disadvantaged. They earn lower wages, their working conditions remain comparatively poor, and they have limited access to financial resources and necessary skills and technology to improve their productivity. Women’s status is further undermined by discriminatory laws that deny them equal rights and legal protections. Despite producing most of the food consumed on the continent, they do not enjoy the same land ownership rights as men.
10-Mar-2014

First ADF-13 Replenishment Meeting - Financing Framework

The Thirteenth Replenishment of the African Development Fund (ADF-13) takes place in challenging times, with countries both inside and outside Africa trying to adjust to the impact of various crises. The African Development Fund does not yet have the capacity to reasonably self-finance the current level of development assistance required for eligible regional member countries, and therefore relies heavily on contributions from donors who share the same development vision for a better Africa.
10-Mar-2014

First ADF-13 Replenishment Meeting - Long-Term Financial Capacity of the ADF

The African Development Fund (ADF or the Fund) has supported the economic and social development of low-income countries in Africa since 1974. It is important for the Fund to regularly examine its financing framework and to optimize its development assistance capacity. This is particularly crucial in the fiscally constrained circumstances of many donor countries. Furthermore, the current low interest rate environment poses particular challenges and continues to reduce the Fund’s returns on the investment portfolio
10-Mar-2014

First ADF-13 Replenishment Meeting - Technical Annex

10-Mar-2014

First ADF-13 Replenishment Meeting - Options for a More Robust ADF Performance-Based Allocation System

The resources of the African Development Fund (ADF) are allocated to national country envelopes through the Performance-Based Allocation (PBA) system, to the dedicated envelope for Regional Operations (ROs) and to the Fragile States Facility (FSF). This paper presents options for improvements to the PBA system for determining national country allocations. The FSF is discussed in the paper “Review of the Bank’s Engagement in Fragile States”. The overall ADF resource allocation framework, encompassing all three elements, will be addressed in a comprehensive manner during the second ADF-13...
10-Mar-2014

First ADF-13 Replenishment Meeting - Review of the Bank Group Engagement in Fragile States

This paper provides a review of the Bank Group’s support to fragile and conflict-affected countries as implemented under the Strategy for Enhanced Engagement in Fragile States (2008). It presents Management’s vision for robust engagement in fragile states during the Thirteenth Replenishment of the African Development Fund (ADF-13) period, supported by a refined approach that reflects lessons from the Bank Group’s operational experiences over the years and the independent assessment and recommendations of the Operations Evaluation Department. It also takes into account emerging global good...
10-Mar-2014

First ADF-13 Replenishment Meeting - Overview Paper: ADF-13 Strategic and Operational Directions

Under the Thirteenth General Replenishment for the three-year cycle from 2014 to 2016 (ADF-13), the African Development Fund aims to strengthen its role in and responses to ADF countries. The cycle will mark 40 years of delivering results for the development of ADF countries. Guided by the Bank Group’s Long Term Strategy (LTS) for Africa, the Fund will promote inclusive growth and help ADF countries make a gradual transition towards greener growth. With Africa rapidly transforming, the Bank Group intends to be at the center of Africa’s transformation for the coming decade.
10-Mar-2014

First ADF-13 Replenishment Meeting - Programme and Agenda