United States of America

The United States of America became a member of the African Development Fund (ADF) in 1976 and of the African Development Bank in 1983.

The United States through USAID has participated in various Bank initiatives/Funds:

-US$ 120 million to the African Emergency Food Production Facility (AEFPF) and the Africa Risk Capacity (ARC).

-US$ 26 million committed to the Sustainable Energy Fund for Africa (SEFA) over four years in line with Power Africa initiative. US$5 million received in 2015 and US$ 11 million in 2016. US$ 2.47 million incremental funding for SEFA 2.0 was received in 2021 US $6.2 million in 2023.

-US$ 11 million to the Agriculture Fast Track Fund (AFTF) to facilitate project preparation in the agriculture sector.

-US$ 3 million to the African Legal Support Facility (ALSF).

-US$ 200,000 to the Migration and Development Trust Fund.

-US$ 15 million for the Africa Disaster Risk Financing (ADRiFi).

In 2016 a Memorandum of Understanding (MOU) was signed with Millennium Challenge Corporation (MCC) that provides for sharing of information and data; particularly in the power sector and focuses on mobilizing private investment as well as possible co-investment in regional and national projects.

USAID through Power Africa signed a Regional Development Objectives Agreement to serve as an umbrella agreement covering any potential contribution to the Bank’s initiatives and co-financing that could be agreed, mainly in the energy sector.

An MOU was signed between the Bank and the US Development Finance Corporation in 2019.

A new Regional Development Objectives Agreement was signed between the Bank and USAID’s Prosper Africa in September 2020 with a focus particularly on the industrialization strategy, trade, and regional integration.

Executive Director: Alex Severens
Alternate Executive Director: Vacant