African Development Bank (AfDB)
EENI - Business School.
Subject (Course): The African Development Bank Group.
The Nigeria Trust Fund. Syllabus:
- Introduction to the African Development Bank (AfDB).
- African Development Report
- The structure of the African Development Bank
- African Development Fund
- Nigeria Trust Fund
- African Development Bank's Strategy for 2013-2022
- Infrastructure development (PIDA)
- Regional economic integration.
- Intra-African trade
- Private sector development
- Governance and accountability
- Skills and technology
- Funds of the African Development Bank:
- Africa Trade Fund
- Africa 50 Infrastructure Fund
- African Financial Markets Initiative (AFMI)
- African Financing Partnership
- African Guarantee Fund for Small and Medium-sized Enterprises
- Financial instruments of the African Development Bank.
- African peer review mechanism (NEPAD).
- African Women in Business Initiative.
- Agriculture and agro-industries
- Agriculture Fast Track (AFT) Fund
- Case Study: Impact of the global crisis in Africa
Projects and Operations of the African Development Bank
- Introduction to the projects and operations of the African Development Bank
- Doing Business with the African Development Bank.
- Project Cycle
- Project identification
- Project preparation
- Project appraisal
- Loan negotiation
- Board approval
- Loan signing
- Loan effectiveness
- Post evaluation
The purposes of the subject “The African Development Bank” are:
- To understand the objectives, structure, and functions of the African
- To identify the areas of cooperation of the African Development Bank
- To analyse the strategy of the African Development Bank for the period 2013-2022
- To evaluate the funds (the African Development Fund, the Nigeria Trust Fund, the goodwill of Africa) and the financial instruments of the African Development Bank
- To understand the projects and operations of the African Development Bank.
Sample of the subject - African Development Bank Group:
- Economic Transformation of Africa
- African Continental Free Trade Area
Subject Description (African Development Bank).
The African Development Bank is a multilateral development Bank whose shareholders include
fifty-three African countries (regional member countries) and twenty-four non-African
countries (America, Asia, and Europe).
- In 2014, the African Development Bank returned to Abidjan.
The African Development Fund is managed by the African Development Bank and includes Member States (donor countries) and recipient economies.
- The main objective of the African Development Fund is to reduce poverty in regional
African countries by providing
loans and grants.
The Nigeria Trust Fund is a special African Development Bank fund created in 1976 by agreement between the Bank Group and the Government of Nigeria.
- The objective of the Nigeria Trust Fund is to assist the development efforts of low-income regional
African countries whose economic and social circumstances and forecasts require concessional financing.
The African Development Bank belongs to the African Civilisation.
African Regional Economic Communities (REC).
- Community of Sahel-Saharan States (CEN-SAD)
- Common Market for Eastern and Southern Africa (COMESA)
- East African Community (EAC)
- Economic Community of Central African States (ECCAS)
and Monetary Community of Central Africa (CEMAC)
- Economic Community of West African States (ECOWAS)
- West African Economic and Monetary
- West African Monetary Zone (WAMZ)
- Intergovernmental Authority on Development (IGAD)
- Southern African Development Community (SADC)
- Southern African Customs Union (SACU)
- Arab Maghreb Union (AMU)
Regional Integration in Africa.
Most of the Member countries of the African Development Bank are small, undiversified and face physical, political, and policy-induced constraints to deeper economic integration with their neighbour's countries and the global economy.
However, economic cooperation and regional integration are fundamental if Africa
surpasses barriers to international trade and take its rightful place in the global market.
In the last forty years, the African Development Bank has promoted Regional Economic Communities (REC) through regional economic cooperation, international trade growth, capacity building and renewed assistance for the New Partnership for Africa's Development (NEPAD)
The African Development Bank also collaborates with national governments and pan-African organisations; it is of particular importance with the African Union (AU) and the United Nations Economic Commission for Africa (ECA) to rationalise and streamline Regional Economic Communities structures.
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