African Development Fund

The African Development Fund (ADF) contributes to poverty reduction and economic and social development in the least developed African countries by providing concessional funding for projects and programs, as well as technical assistance for studies and capacity-building activities.

Organisational structure

Over the years, the African Development BanK has continued to pursue its institutional reforms aimed at maximizing its development effectiveness and the quality of its operations, supporting efforts by its regional member countries and building their capacity to strengthen their economies. The Bank has also consolidated its role as the continent’s premier development finance institution, a knowledge and research centre and the preeminent voice for African development issues. For purposes of accountability and efficient management, the Bank has adopted the following structure comprising nine vice presidential complexes.