Departmental Annual Reports



Africa Climate Change Fund - Annual Report 2018

With the signing of the Paris Agreement in 2015, African countries overwhelmingly committed to building climate resilient and lowcarbon economies through their Nationally Determined Contributions (NDCs). However, to deliver on these commitments, countries will need significant resources. As the primary DFI on the continent, the African Development Bank (AfDB) has set an ambitious target to scale up climate finance to 40 percent of new approvals per year by 2020, to support member countries. Given the noticeable impact of climate change on these countries and their relatively low contribution...

Bridging Gaps for Africa’s Transformation - 2018 Trust Funds Report

In support of the Bank’s operational priorities, Trust Funds continued to support sector areas where the Bank has a comparative advantage. In 2018, USD 69.2 million was approved for 108 projects under the Trust Funds portfolio. The approved projects went to the following countries: Democratic Republic of Congo, Central African Republic, Chad, Gambia, Tunisia, Rwanda, Kenya, Guinea, Guinea-Bissau, São Tomé and Príncipe, Niger, Nigeria, Ghana, Zambia, Angola, Botswana, Liberia, South Africa, Gabon, Uganda, Somalia, Ethiopia, Congo, Togo, Malawi, Namibia, Mauritius, Cameroon, Mozambique,...

SIF Mid-Year Progress Report - January June 2019

The African Development Bank (AfDB) Multi-Partner Somalia Infrastructure Fund (SIF) was established with the key objective of supporting Somalia to develop and rehabilitate key infrastructure, rebuild institutions and reinforce economic governance within the context of AfDB’s Strategy for Addressing Fragility and Building Resilience in Africa. The AfDB, as the Fund administrator, prepares semi-annual reports on fund-level and project-level performance and results. This report provides an update of the Fund’s activities for the period January to June 2019.

Climate Change and Green Growth - 2018 Annual Report


AfDB-CIF Annual Report 2018 - Financing Change

Welcome to the AfDB-CIF 2018 Annual Report. 2018 marks the 10th anniversary of the Climate Investment Funds (CIF). Ten years after its creation, CIF has delivered on its founding ambition to channel unparalleled levels of climate finance to developing countries. Over 300 CIF investments across 72 countries worldwide are supporting 26.5 GW in new clean power capacity, improved energy access for over 8.5 million people and 300,000 businesses, greater climate resilience for 45 million people and 44,000 businesses, and 36 million hectares of more sustainable forests

Annual Report 2018 – Emergency Assistance - Special Relief Fund

The Annual Report for the Special Relief Fund (SRF) for 2018 is intended to inform the Bank Board the performance of the SRF during the reporting period. The Report also gives a synoptic background on the wisdom behind the establishment of the SRF at the Bank, eligibility criteria and its general modus operandi.

Office of Integrity and Anti-Corruption (PIAC) - Annual Report 2017

Corruption, fraud, money laundering and illicit financial flows appear to continue to flourish despite concerted international efforts to not only denounce these practices but also practical steps taken to stem them. The sophistication of the methods adopted to put these schemes into effect also appears to be growing in complexity and daring.

AFFM Annual report 2018

The Africa Fertilizer Financing Mechanism (AFFM) is pleased to submit its very first Annual Report for 2018 which highlights AFFM’s achievements, challenges, lessons learned during the year and way forward. The purpose of this report is to seek clearance by the AFFM Governing Council and approval by the AfDB Board of Directors on lapse-of-time basis, in accordance with the reporting obligations in section 9.3.5 of the Operational Procedures Manual of the AFFM. The key achievements accomplished in the year are the following:

Infrastructure and Urban Development Department - Annual Report 2018

The Bank has stepped up the financing of Infrastructure and Urban Development projects, committing USD 1.9 billion for 19 projects in 2018. Among this year’s portfolio, important multinational road corridor projects which Integrate Africa by connecting cities across borders and by linking landlocked regions to seaports.

ORNA - North Africa - Annual Report 2014

From 1990 to 2010, North African countries achieved rapid economic growth and significant progress in human welfare indicators such as poverty reduction, life expectancy, and health status. Nevertheless, this period ended with popular uprisings that toppled long-standing political regimes in Egypt, Libya and Tunisia. This year’s North Africa Annual Report is largely devoted to the topic of inclusive growth and development, the absence of which in several ways helped trigger the uprisings, in an attempt to better understand why economic growth over the 5-10 years preceding the revolutions...

Annual Report of the Sanctions Appeals Board - 2018

The African Development Bank Group’s Sanctions Appeals Board (SAB) was instituted by Board of Directors’ Resolution B/BD/2012/06 dated 5 July 2012 and the Secretariat (BSAB) was established in December 2013.

Infrastructure and Urban Development Department - Annual Report 2017

The Bank is pursuing its policy of financing a diverse portfolio of major infrastructure projects. The 2017 investments in roads, railways, aviation, ICT and urban development will confer African countries a firm foundation on which to grow their economies, increase socio-economic development and deliver better services in areas such as health, education and trade.

SEFA annual report 2017

The Sustainable Energy Fund for Africa (SEFA) seeks to promote energy access and local economic development by unlocking investments in small and medium-scale renewable energy and energy efficiency (RE/EE) projects. Financing options available through SEFA include project preparation grants, equity investments and enabling environment grants.

ACCF Annual Report 2017

The signing of the 2015 Paris Agreement represented a milestone in the global efforts to reverse the negative effects of climate change. Article 2.1c of the Agreement establishes the long-term collective ambition to “make finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development.” Aligned with this ambition, African countries have outlined bold aspirations to build climate resilient and low-carbon economies in their Nationally Determined Contributions (NDCs). Considerable financing is needed to meet these objectives. To support this, the...

Office of Integrity and Anti-Corruption - Annual Report 2015 - 2016

Corruption remains a threat to development in Africa and poses a risk to achieving the Bank’s High Five priorities. It diverts resources away from the provision of public services, reinforces discrimination and hinders sustainable economic development. To mitigate the risks of corruption, PIAC remains committed to prevent, detect and investigate acts of corruption and misconduct towards ensuring that Bank resources are properly safeguarded and used for their intended purposes.

AfDB CIF 2017 Annual Report

The Climate Investment Funds (CIF) provide funding to 72 countries around the world to pilot transformational change in clean technology, sustainable management of forests, renewable energy access, and climate resilient development. AfDB is channeling more than USD 2.4 billion across 27 countries. The four programs included in the CIF are the:

Private Sector - 2016 Technical Assistance report

The Bank has embarked on an ambitious transformational development plan for Africa to scale up and accelerate the delivery of the Bank's Ten-Year Strategy. From 2012 and 2016, the provision of Technical Assistance helped 900,000 low income earners access financial services for the first time, facilitated 170,000 SMEs to access loans and contributed to the creation 60,000 jobs.

SEFA Annual Report 2016

Many clean energy projects in Africa are potentially technically and commercially viable, but have yet to become bankable investment opportunities. High initial development costs, lack of start-up capital, limited know-how on project financing, and inadequate enabling environments are some of the key impediments. Through early stage involvement in project development, financing and enabling environment improvement, the Sustainable Energy Fund for Africa (SEFA), is helping to address these challenges.

AfDB CIF 2016 Annual Report

Premier $8.3 billion global public climate finance instrument with Multilateral Development Banks to support developing countries in renewables, sustainable transport, climate resilience, forests, and agriculture. Uniquely broad-based and inclusive governance structure. Programmatically linked to government development policy. Uniquely designed to simultaneously deliver strong development and climate outcomes.

ACCF Annual Report 2016

Although the African continent contributes the least to global greenhouse gas emissions, it is highly vulnerable to climate change impacts. African countries have set out ambitious commitments towards climate adaptation and mitigation in their Nationally Determined Contributions (NDCs), many of which will require significant climate finance and other support in order to be achieved. However, Africa currently receives less than three percent of total climate finance flows, well below the estimated needs.