From agro-processing initiatives to energy, transportation and water and sanitation services, transformative investments by the
The report, which analysed the Bank's contribution to
“Our goal has been and always will be to transform
The annual report uses the Bank's results measurement framework to measure its performance, to reflect on its accomplishments and areas in which it can strengthen its effectiveness to achieve its High 5 development goals: Light Up and Power Africa, Feed Africa, Industrialize Africa, Integrate Africa, and Improve the Quality of Life for the People of
“We have increased the quality and speed of our operations, we are more present in partner countries, and our development impact is deepening,” said Ms.
A year of transformative impact
Among its findings in 2019, 20.3 million people benefited from improved agriculture in
In other High 5 areas, the Bank's operations helped to install 291 MW of new power capacity–60% of which was renewable–and supplied 468 000 people with new electricity connections. It also impacted 1 million people through private sector investee companies, 17.7 million people through better transport services, and 10.1 million people through improved access to water and sanitation.
The Bank has always been a strong champion of regional integration in
“We must continue to build on our strength as a development agency and enhance the quality and impact of our operations so that
The Bank has worked intensively through its presence in 41 countries to get its operations closer to its clients, respond more effectively to the needs of countries, and better manage its operations.
The Covid-19 global pandemic's growing foothold across
Click here to read the full report: https://www.afdb.org/en/annual-development-effectiveness-review