“…Multilaterals are particularly well-placed to help countries respond to COVID-19, with global reach, broad mandates and expertise, an array of financing instruments, and knowledge of local contexts.”
The assessment also highlights the importance of further strengthening systems for learning from experience and evaluations. The publication is a product of the Centre for Global Development. It assesses the bilateral programs of 29 member countries of the Development Assistance Committee of the Organisation for Economic Co-operation and Development (OECD) and the 20 largest multilateral agencies that provide official development assistance.
The African Development Fund is made up of 32 contributing states within the AFrican continent. It benefits 37 countries, including fragile states that need special support to ensure basic service delivery.
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Simon Mizrahi, Director of Delivery, Performance and Results at the African Development Bank, said: “The timing of this report could not have been better. As the African Development Bank strives to support its regional member countries through an unprecedented health and economic crisis, the assessment by the Centre for Global Development will help guide our interventions.As the African Development Bank and its partners fight to save lives and livelihoods, the report is an encouraging sign that the African Development Fund is investing its resources where they are most needed.
“This report confirms that the Bank is on the right track by focusing on producing timely development assistance data, and ensuring that we strengthen the learning loop to continuously improve our offering to the Bank’s regional member countries. Every day we get better, and every day we go further to support countries across the continent to increase resilience and deliver a better quality of life to their people.”
A number of indicators totalling 17 in all are used in determining the report and according to the authors, the African Development Fund’s solid 2021 ranking forms part of a track record dating back to 2010. This includes the key role the Fund has played in helping African countries in responding to the Covid-19 pandemic.
The Quality of Official Development Assistance is a tool developed by the Centre for Global Development and the Brookings Institution to measure which donors provide “higher quality aid” and how they can improve. It provides an assessment of efforts to comply with development commitments.