The African Development Bank Group (AfDB) holds that if the fight against poverty has to be won, there must be improvements in the quality and quantity of statistical data on all components of development. Reliable data is critical to setting goals and targets as well as evaluating project impact. Reliable data constitutes the single most convincing way of getting the people involved in what their leaders and institutions are doing. It also helps them to get involved in the development process, thus giving them a sense of ownership of the entire development process.
The AfDB has a large team of researchers who focus on the production of statistical data on economic and social situations. The data produced by the institution’s statistics department constitutes the background information in the Bank’s flagship development publications. Besides its own publication, the AfDB also finances studies in collaboration with its partners.
Through its statistics department the AfDB is contributing to the effective development of the statistical capacity and systems of its regional member countries for the provision of timely and reliable data for policy formulation, implementation and evaluation as well as the monitoring of progress towards achieving the Millennium Development Goals (MDGs) and Poverty Reduction Strategies.