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Working Paper 56 - A Statistical Analysis of Determinants of Project Success: Examples from the African Development Bank

06-Mar-2002

The African Development Bank (ADB) Group commenced lending operations in 1967 and had by the end of 1999, cumulative loan and grant approvals amounting to over US$ 36 billion. The project total summed up to 2,327 operations – 27 per cent in agriculture, 24 per cent in the multisector category, including adjustment loans and stand-alone poverty alleviation projects, 17 per cent in the transport sector, 15 per cent in industry, 9 per cent in the social sectors, mainly education and health, and 8 per cent in public utilities. As the project portfolio has expanded, so have demands for refined methods of appraisal (Peprah, 1994).

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