Debt Sustainability and ADF Grant Eligibility
Under the previous ADF replenishments, the eligibility of countries for grant resources was linked to expenditures that aimed to address specific operational priorities, such as education, health, water and sanitation, HIV/AIDS programs, post-conflict reconstruction, and natural disaster assistance.
Since 2005, the Joint World Bank-IMF’s Debt Sustainability Framework (DSF) methodology has been used to determine each country’s risk of debt distress, the applicable financing terms and eligibility to grants.
Debt Distress Risk Classifications for 2013 ADF-12 Resource Allocation:
|Red: High risk of debt distress||Yellow: Moderate risk of debt distress||Green: Low risk of debt distress|
|(100 % Grants only)||(50% Grants and 50% Loans)||(100% Loans only)|
|Burundi Central Afr. Rep. Chad Djibouti Ethiopia Ghana Gambia Mauritania Mozambique Sao Tome Somalia South Sudan Sudan Zimbabwe||Benin Burkina Faso Cameroon Côte d’Ivoire Comoros DRC Eritrea Guinea Guinea Bissau Lesotho Kenya Liberia Madagascar Malawi Mali Niger Senegal Sierra Leone Togo Zambia||Kenya Rwanda Senegal Tanzania Uganda|
- 31/05/2018 - Ten-year CAD 60-million “Feed Africa” bond issued by the African Development Bank
- 22/05/2018 - The African Development Bank issues EUR 1.25 billion 0.875% 10-year Social Bond due 24 May 2028
- 16/03/2018 - African Development Bank launches US $2.0-billion 2.625% Fixed Rate Global Benchmark due 22 March 2021
- 13/12/2017 - EUR 500 million 0.250% 7-year Social Bond Transaction - Due 21 November 2024
- 05/10/2017 - AfDB issues its first “Light Up and Power Africa” theme Bond