- Insights from new IDEV evaluations
- Bank delivering on its commitments, but concerns raised on ensuring they are fully implemented
- Evaluation vital for Mid-Term Review of ADF-13 and next replenishment
The African Development Bank (AfDB) delivers on its commitments; produces important documents, tools, and structures; and launches initiatives, but attention needs to focus also on full implementation according to three new evaluations from Independent Development Evaluation (IDEV).
On May 27, 2010, the Board of Governors of the Bank approved the Sixth General Capital Increase (GCI-VI). In the same year, the discussions on the Twelfth replenishment of the concessional window of the Bank Group, the African Development Fund (ADF), concluded, covering the period 2011-2013. Three years later, the ADF-13 replenishment was agreed. The current ADF cycle (ADF-13) covers the years 2014-2016.
These capital increase and replenishment processes between the Bank and its shareholders (in the case of the GCI) and the Bank Group and its ADF contributors (in the case of the ADF) were tied to certain commitments. These commitments were generally aimed at strengthening the strategic focus, development effectiveness, and efficiency of the Bank Group to help it remain relevant and competitive in the years ahead.