African Development Bank
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Partnership with AFD
AfDB is AFD’s 3rd largest co-financier. The partnership between our two institutions has been built in the sectors of infrastructure, water and sanitation, agriculture and the private sector. Africa is a priority for AFD and reinforcing its partnership with the Bank is consequently a core objective. New areas for partnerships are to be explored, particularly in the sectors of urban infrastructure and the fight against climate change.
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Presentation of the Institution
The African Development Bank was founded in 1963 and is the largest donor in Africa. It has 53 regional and 24 non-regional members. France is one of the main shareholders of the Institution, with 3.7% of the share capital, and is the second largest contributor to the African Development Fund. The Bank has set out to implement far-reaching reforms in recent years in order to modernize the way it operates and enhance its responsiveness. With over €9 billion of new commitments, AfDB’s activity rose by 142% in 2009 compared with the previous year.

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