African Development Fund

E174049

The African Development Fund is a concessional financing arm that provides low-interest loans and grants to support economic and social development projects in Africa’s poorest countries.

All labels observed (1)

Label Occurrences
African Development Fund canonical 2

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf arm of the African Development Bank Group
concessional financing institution
multilateral development fund
alsoKnownAs ADF
beneficiary fragile and conflict-affected African states
low-income African countries
collaboratesWith African Development Bank
bilateral donors
multilateral development institutions
currency multiple donor currencies
eligibleBorrowers African Development Bank low-income member countries
establishedBy African Development Bank member countries
focusOn least developed countries in Africa
fundingMechanism periodic replenishments
fundingSource African Development Bank
donor countries
grantType capacity-building grants
program grants
project grants
headquartersLocation Abidjan
surface form: Abidjan, Côte d’Ivoire
implements projects through African governments
projects through other development partners
projects through regional organizations
loanCharacteristic below-market interest rates
grace periods
long maturities
loanType concessional loans
monitors development outcomes of financed projects
objective improve living standards in beneficiary countries
promote inclusive growth
support sustainable development
parentOrganization African Development Bank
surface form: African Development Bank Group
policyInstrument budget support
concessional financing
results-based financing
purpose poverty reduction
support economic development in Africa’s poorest countries
support social development in Africa’s poorest countries
regionServed Africa
sectorFocus agriculture and rural development
governance
human development
infrastructure
private sector development
regional integration
service grants
low-interest loans
technical assistance

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

African Development Bank hasSisterInstitution African Development Fund
Nigeria Trust Fund coexistsWith African Development Fund