Les pays bénéficiaires du FAD

Access to the resources of the African Development Fund (ADF) is guided by the classification of Regional Member Countries (RMCs) under the Bank Group’s credit policy, which is driven by two criteria: (i) per capita income; and (ii) creditworthiness to sustain the non-concessional financing.

The credit policy classification determines each RMC’s eligibility for either concessional resources (category A – ADF countries), non-concessional resources (category C – ADB countries), or a combination of both concessional and non-concessional resources (category B, or blend countries).

 Country Classification of the Bank Group’s Credit Policy

 

 

Creditworthiness to sustain non-concessional financing

 

No

Yes

Per capita income above the ADF operational cut-off mark  for more than 2 consecutive years

No

(Category A)
ADF-Only Countries

Countries below cut-off point and not creditworthy

Only eligible for ADF grants and loans

(Category B)

Blend Countries

Countries below cut-off point and creditworthy

Eligible for ADB resources and for ADF loans subject to a cap and hardened terms

Yes

(Category A)

ADF-Gap Countries

Countries above cut-off point but not creditworthy

Only eligible for ADF loans on hardened terms

(Category C)

ADB Countries

Countries above cut-off point and creditworthy

Only eligible for ADB resources

Exceptionally, Graduating Countries are eligible for ADF loans on hardened terms during a 2 to 5-year phasing-out period

A framework guiding RMCs’ transition from one credit status to another was adopted in 2011. The transition framework also provides the criteria which determines the length of the transition period and the financing mix during this period. The minimum transition period is two years and the maximum is five years, depending on vulnerability factors that may affect both the country’s socio-political landscape and its macroeconomic development. A downgrade may occur if a graduated country experiences difficult political, social or economic shocks to the extent that the eligibility criteria are no longer met.

In 2014, the Bank introduced a flexibility in its Credit Policy aimed at proactively responding to the economic development needs in ADF countries by granting access to this category of countries, on a case-by-case basis, to resources from the ADB public window for financing transformative projects.

RMCs Eligible for ADF Resources as at February 2018

ADF-Only (27)

ADF-Gap (6)

Blend (4)

Graduating to ADB (1)

Benin

Burkina Faso

Burundi*

Central African Rep.*

Chad*

Comoros*

Congo DRC*

Eritrea*

Ethiopia

Gambia*

Guinea*

Guinea-Bissau*

Liberia*

Madagascar*

Malawi

Mali*

Mozambique

Niger*

Rwanda

Sierra Leone*

Somalia*

South Sudan*

Sudan*

Tanzania

Togo*

Uganda

Zimbabwe*

Côte d'Ivoire

Djibouti*

Ghana

Lesotho

Mauritania

Sao Tome & Principe

Cameroon

Kenya

Senegal

Zambia

Nigeria

* Fragile and conflict-affected state