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Power Africa Initiative Brochure

26-Sep-2013

The United States of America (USA) became a member of the African Development Fund (ADF) in 1976 and of the African Development Bank (AfDB) in 1983. The USA supported the 2010 General Capital Increase VI and ADF XII replenishment of the African Development Bank Group. They pledged a total of about US $571.30 million for ADF XII, representing a 24 per cent increase from their ADF XI contribution. This year, the ADF is going through its 13th replenishment and the US is supporting enhanced funding for it.

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