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ADF Financial Statements 2007 Independent Auditors Report

14-May-2008

We have audited the accompanying Special Purpose Financial Statements of the African Development Fund (“the Fund”) prepared in compliance with the accounting and financial reporting matters as set out in the accounting policies in Note B of the Special Purpose Financial Statements for the year ended 31 December 2007. These Special Purpose Financial Statements have been prepared for the purposes of submitting approved and audited Special Purpose Financial Statements to the Board of Governors as required by Article 26(v), 35(l) and 35(3) of the Agreement Establishing the Fund, and are not intended to be a presentation in conformity with a recognised accounting framework, such as, International Financial Reporting Standards.

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