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ExpectMore.govExpectMore.gov home pageEXPECT FEDERAL PROGRAMS TO PERFORM WELL, AND BETTER EVERY YEAR.
 
Program Assessment

Program

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African Development Fund

The African Development Fund, part of the African Development Bank Group, provides long-term interest free loans, grants, and policy assistance to the poorest countries in Africa to reduce poverty and spur economic growth. It finances investments in health, education, agriculture, sanitation, and infrastructure.

Rating

What This Rating Means

NOT PERFORMING
Results Not Demonstrated

A rating of Results Not Demonstrated (RND) indicates that a program has not been able to develop acceptable performance goals or collect data to determine whether it is performing.
  • The African Development Fund is starting to improve its performance measurement and use of performance-based funding allocations. In the lastest donor negotiation,the Fund and donors agreed to implement better results measurement for key development goals, such as education, and reconfirmed the allocation of funding towards better-performing countries, but more remains to be done.
  • In the negotiations, the Fund and donors agreed to reforms to improve the ability of the poorest countries to handle their debts. In particular, they agreed that grants to assist the poorest countries will be expanded based on countries' debt vulnerability. Grants are expected to rise to more than one-third of the Fund's assistance.
  • Accountability and transparency require additional improvements. The Bank Group has established a new anti-corruption and fraud unit and improved internal financial controls. The Bank Group is also expanding public access to its documents but more remains to be done.

Improvement Plan

About Improvement Plans

We are taking the following actions to improve the performance of the program:

  • Working with Congress to secure $136 million annually for the period 2006 to 2008 to fund the US commitment to the latest African Development Fund replenishment.
  • Monitoring the Fund's effectiveness in achieving its development objectives, including its progress in measuring and meeting development objectives across-the-board.
  • Working with Fund and other donors to improve the ability of developing countries to handle their debt, including providing grants to the most debt-vulnerable countries using the Fund.

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