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AfDB’s Fund Ranks 2nd For Dev Assistance Quality In 2021
The African Development Fund (AfDF) has been ranked second among 49 international agencies for the quality of its development assistance, the Quality of Official Development Assistance (QuODA) says.
The AfDF is the concessional arm of the African Development Bank (AfDB) Group.
The QuODA is a tool developed by the Centre for Global Development (CGD) and the Brookings Institution to measure which donors provide “higher quality aid” and how they can improve.
It also provides an assessment of efforts to comply with development commitments.
It assesses the bilateral programmes of 29 member countries of the Development Assistance Committee of the Organisation for Economic Cooperation and Development (OECD) and the 20 largest multilateral agencies that provide official development assistance (ODA).
According to the fifth edition of the QuODA report, the AfDF is serving its constituency well by focusing on poverty and the least-aided countries.
QuODA consists of 17 indicators comparable across agencies, organised into four dimensions which are Prioritising, Ownership, Transparency and Untying and Evaluation.
The 2021 report singled out the AfDF and its peers for being adept at ensuring that development reached the intended recipients.
The International Fund for Agricultural Development (IFAD) ranked first on QuODA overall.
The AfDF was second overall, continuing its strong performance from prior QuODA iterations scoring well on prioritisation coming second in displaying a strong focus on poverty and the least-aided countries.
The report, however, noted that the AfDF had room for improvement on the Evaluation dimension.
Also, the World Bank’s International Development Association (IDA) ranked third, with strong scores across all four dimensions.
Furthermore, the Global Fund and GAVI completed the top five.
The report also noted that the multilateral agencies outperformed bilateral agencies on prioritisation, with the top five ranks held by the Global Fund, GAVI, AfDF, IDA, and United Nations Development Programme (UNDP), respectively.
Three of the top six places on Ownership were taken by regional development banks, with the Asian Development Bank (AsDB) first, the AfDF coming second, and the Islamic Development Bank (IsDB) seventh.
For each, over 80 per cent of recipients reported alignment with their objectives.
The AfDF consists of 32 contributing states and benefits 37 countries.