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2010 - Evaluation of African Development Bank Assistance to Fragile States - Approach Paper
Reconstruction and rehabilitation for post-conflict and crisis ravaged countries has been one of major historical justifications for the Multilateral Development Banks. The World Bank (IBRD) and International Monetary Fund (IMF) were both created during the final years of World War II to assist Europe and other countries to rebuild their economies. The Charter of the African Development Bank does not specifically mention post-conflict reconstruction but the institution has played and continues to play a role in the reconstruction of those Regional Member Countries (RMCs) coming out of conflict and crisis. Currently, 20 RMCs1 , about 40% of all African countries are classified as postconflict / crisis which presents the Bank with a significant reconstruction challenge.