Policy Documents

29-May-2019

Policy on Non-sovereign Operations

Under this Policy on Non-sovereign Operations (hereafter, the ‘NSO Policy’ or the ‘Policy’), the Bank may provide financing or investment without sovereign guarantees to private and public entities that meet specific eligibility requirements. In this Policy, Non-sovereign Operations (NSOs) refers to financing and investment operations that are not guaranteed by a State; this covers mostly private sector transactions, but also non-sovereign guaranteed financing of eligible public sector enterprises, as well as financing of regional development finance institutions (DFIs).
23-May-2019

The African Development Bank Group Policy on Disclosure of Information - Into effect since October 2005

In December, 1997, the Boards of Directors approved a policy for Public Disclosure of Information which established the procedures and the types of information for disclosure in the absence of compelling reasons for confidentiality. The Bank Group’s Policy on Disclosure of Information became effective in 1998. The policy was based on the principle that the Bank Group should be open and transparent in its operations. The main lessons from the implementation of the 1997 policy is that many institutions, civil groups and individuals have come to understand, appreciate and get involved in the...
02-Mar-2018

Bank Group Policy on Records Management and Archives

Records are primary sources of documents accumulated over the course of an organization’s lifetime and show the activities of that organization. Archives house records selected by the organization for permanent or long-term preservation on grounds of their enduring historical, vital or evidentiary value. Vital records, according to an internal Bank memo of 1999, are “documents that will enable the Bank to restore its operations, recreate the institutions “legal and financial position and preserve the rights of the institution, its employees and shareholders in the event of total disaster”. 1...
20-Dec-2017

Bank Group Policy on Results-Based Financing

The mandate of the African Development Bank Group (hereinafter referred to as the “Bank Group” or the “Bank”), as set out in its Agreements1 , is to contribute to sustainable economic development and social progress of its Regional Member Countries (RMCs), individually and collectively. In this regard, the Bank Group and other multilateral development banks (MDBs) are being called upon to play a bigger role, to do more, and to innovate towards meeting the growing needs of clients, within a volatile, uncertain and competitive development landscape. These calls have, in turn, increased...
20-Dec-2017

Operational guidelines on the implementation of the bank group’s results-based financing policy

The Bank has proposed to the Board the introduction of a new lending instrument – Results - Based Financing (RBF) – to support government programs. When approved, RBF will support government - owned sector programs and link disbursements directly to the achie vement of program results ( See Annex 1 for the definition of a program ) . D esign ing and implement ing RBF supported programs will involve ex - ante assessments of the program and its systems, ex - post (independent) results verification, and systematic institutional development. RBF will primarily aim at increas ing accountability...
13-Oct-2017

Say No to Famine - Revised Version

Somalia and South Sudan are in urgent need of assistance with more than half of the population of Somalia (6.2 million people) and more than 40% of the population of South Sudan (5.5 million people) facing starvation. Other areas such as northeastern and coastal Kenya, northern Uganda, south-east Ethiopia are also affected by the ongoing drought and in parts are still recovering from El Nino induced drought of 2015/16. In the North East of Nigeria, more than 5.8 million people face extreme food and nutrition deficits. The situation is rapidly deteriorating and the number of people in need of...
06-Sep-2017

Strategic Framework and Action Plan on the Prevention of Illicit Fianancial Flows in Africa 2017 - 2021

Illicit financial flows (IFFs) are illegal movements of money or capital from one country to another often involving Money Laundering, tax evasion, or bribery. The AU-UNECA High Level Panel (HLP) on IFFs defines IFFs as money illegally earned, transferred or used. The definition adapts that of Baker (2005): “money that is illegally transferred and illegally utilized”. Baker’s definition of IFFs has been adopted by the UN, Global Financial Integrity, and World Bank, amongst others. It is a broader term that encompasses Money Laundering, Terrorism Financing illicit trade (such as contrabands,...
06-Sep-2017

Strategic Framework and Action Plan on the Prevention of Illicit Fianancial Flows in Africa 2017 - 2021

Illicit financial flows (IFFs) are illegal movements of money or capital from one country to another often involving Money Laundering, tax evasion, or bribery. The AU-UNECA High Level Panel (HLP) on IFFs defines IFFs as money illegally earned, transferred or used. The definition adapts that of Baker (2005): “money that is illegally transferred and illegally utilized”. Baker’s definition of IFFs has been adopted by the UN, Global Financial Integrity, and World Bank, amongst others. It is a broader term that encompasses Money Laundering, Terrorism Financing illicit trade (such as contrabands,...
03-Jul-2017

The Bank Group Results Measurement Framework 2016-2025 - Revised Version

At the African Development Bank, we gauge our success by how well we improve Africans’ lives, rather than by how much money we spend or how many projects we support. That’s why this sixth edition of the Bank Group’s Results Measurement Framework (RMF) is designed not only to measure the Bank’s performance but also to boost it. Measuring the Bank’s impact is not easy. Not only is it difficult to attribute results to a single development institution, but the Bank must also take into account a constantly shifting landscape in which Africa faces a broad range of economic, social and environmental...
21-Jun-2017

Draft_Bank Group’S New Policy Instrument On Results-Based Financing

Please find attached for consideration, a proposed new policy instrument on Results-Based Financing (RBF) for CODE discussion. As you are aware, the African continent is at a unique juncture where countries are increasingly harnessing resources for structural transformation. In this regard, the Bank’s Regional Member Countries (RMCs) are increasingly seeking financing and expertise from development partners, in flexible ways, to improve the effectiveness and efficiency of their development programs. In order to meet this growing demand, the Bank is proposing this new and more flexible RBF...
05-May-2017

Politique du Groupe de la Banque en matière de prévention des flux financiers illicites

05-May-2017

Bank Group Policy on the Prevention of Illicit Financial Flows

Africa has lost an estimated one trillion US dollars over the past 50 years through illicit financial flowsa sum roughly equal to all of the Overseas Development Assistance (ODA) received by the continent over the same timeframe.1 Illicit Financial Flows are of major concern, due to the scale and negative impact on Africa’s development and governance agenda. Illicit financial flows in (their) developmental consequences, amongst others, stifle Africa’s socio-economic progress through draining scarce foreign exchange resources, reducing government tax revenues, deepening corruption, aggravating...
21-Feb-2017

Establishment of the African Integrity Fund

There is ample evidence on the adverse impact of Prohibited Practices1 and illicit financial outflows on African economies and societies. A large number of studies carried out both in Regional Member Countries (“RMCs”) of the African Development Bank Group (“AfDB” or “the Bank”) and outside show Prohibited Practices as a factor that undermines political stability, impedes economic progress and results in social discord on the continent. The troubling effects of pervasive corruption on the performance of public institutions and development effectiveness are well documented: By distorting the...
24-Jun-2016

Feed Africa- Strategy for Agricultural Transformation in Africa 2016-2025

Agriculture is a major source of income in Africa; however, untapped agricultural potential has contributed to persistent poverty and deteriorating food security, resulting in a projected increase in the number of undernourished people from ~240m in 2015 to ~320m by 2025. Falling commodity prices for a broad range of natural resources are creating an increasing imperative for African nations to diversify their exports and reduce current account deficits. At the same time, increased food demand and changing consumption habits driven by demographic factors such as population growth and...
06-Jun-2016

Bank Group Strategy for Jobs for Youth in Africa, 2016-2025

Youth are Africa’s greatest asset. While Africa’s economic growth is positive, there is an urgent need to promote inclusive economic transformation and jobs-induced growth to improve the quality of life for all Africans. Africa’s youth population is rapidly growing and expected to double to over 830 million by 2050. If properly harnessed, this increase in the working age population could support increased productivity and stronger, more inclusive economic growth across the continent.
10-Jul-2015

African Natural Resources Centre’s Strategy for 2015-2020

This document translates the Concept Note (Annexure 1) approved by the Board in 2013 into a Strategy for the African Natural Resources Center (Center). It is intended to operationalize the Center by putting its activities in the context of the Bank’s Ten Year Strategy (TYS) and that of relevant sector strategies already adopted by the Bank. The document provides a contextual overview of the natural resource environment in Africa and spells out the Center’s strategic approach to assisting governments manage the opportunities and challenges. The Strategy proposes a vision, mission, objective,...
15-Jun-2015

Framework for Enhanced Engagement with Civil Society Organizations

The African Development Bank’s (AfDB’s) formal engagement with civil society began with the first AfDB/ NGO consultative meeting, held in Abidjan in 1990. Following that meeting, the Bank developed a policy paper and a set of procedures, mechanisms, and guidelines to orient its cooperation with nongovernmental organizations (NGOs). The Bank revised the policy in 2000 to reflect its enhanced commitment to this cooperation, focusing on civil society more broadly, rather than just NGOs. A joint committee was established in 2000 to guide and facilitate the Bank’s collaboration with civil society...
15-Jun-2015

Framework for Enhanced Engagement with Civil Society Organizations

The African Development Bank’s (AfDB’s) formal engagement with civil society began with the first AfDB/ NGO consultative meeting, held in Abidjan in 1990. Following that meeting, the Bank developed a policy paper and a set of procedures, mechanisms, and guidelines to orient its cooperation with nongovernmental organizations (NGOs). The Bank revised the policy in 2000 to reflect its enhanced commitment to this cooperation, focusing on civil society more broadly, rather than just NGOs. A joint committee was established in 2000 to guide and facilitate the Bank’s collaboration with civil society...
22-May-2015

Draft African Natural Resources Center Strategy for 2015 – 2020

This document translates the Concept Note (Annexure 1) approved by the Board in 2013 into a Strategy for the African Natural Resources Center (Center). It is intended to operationalize the Center by putting its activities in the context of the Bank’s Ten Years (TYS) Strategy and that of relevant sector strategies already adopted by the Bank. The document provides a contextual overview of the natural resource environment in Africa and spells out the Center’s strategic approach to assisting governments manage the opportunities and challenges. The Strategy proposes a vision, mission, objective,...
22-May-2015

Presentation of the Draft African Natural Resources Center Strategy for 2015 – 2020