Annual Report 2012

The Bank Group Annual Report 2012 is the annual report submitted by the Boards of Directors of the African Development Bank (Bank) and the African Development Fund (Fund) to the Boards of Governors of the Bank and the Fund.

It contains the audited Financial Statements of the two institutions for the financial year starting from January 1 and ending December 31, 2012 and the Administrative Budgets for the period commencing January 1 and ending December 31, 2012. It also contains a review of the recent developments in the African economy and the operational activities of the Bank Group for the year 2012.