Transcript Sin título de diapositiva - African Development Bank

The Medium Term Strategy – Progress and Challenges
AfDB PARTNERSHIPS FORUM
Hotel Ramada Plaza-Gammarth
COBS/ORPC
VISION: Preferred Partner for High Impact, Well-focused Development Assistance
24-25 March 2010
1
Outline of the Presentation
1.
Policy Context of Bank Group Operations
2. Responses to the Crises
3. Addressing Climate Change
4. MTS Achievements
5. Challenges and Outlook
VISION: Preferred Partner for High Impact, Well-focused Development Assistance
Policy Context of Bank Group Operations (1/2)
■ Africa grew by over 6% per year in the past decade…prospects for
reaching MDGs improved
■ Structural and Macroeconomic Reforms were key
■ FDI increased tenfold to about USD 70bn and remittances fourfold to
USD 40bn.
■ Social Policy Reforms including Universal Primary Education and
better health care
VISION: Preferred Partner for High Impact, Well-focused Development Assistance
Policy Context of Bank Group Operations (2/2)
■ Global financial and food crises exacerbated Africa’s needs…
FDI and remittances declined by over USD 10bn in 2009
alone.
■ Plans to access capital markets through international bond
issues were abandoned
■ Investors in Africa’s emerging Stocks Exchanges “flew to
safety”
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Responses to the Crises
■ Frontloading ADF Resources … over 80% of ADF
resources committed by December 2009
■ Portfolio Restructuring and Reprogramming…. Priority
was given to areas affected by the financial crisis
■ Emergency Liquidity Facility (ELF)
■ Trade Finance Initiative (TFI)
VISION: Preferred Partner for High Impact, Well-focused Development Assistance
5
Addressing Climate Change
■ Response to Climate Change Inbuilt in MTS
-
Dedicated Unit
Bank as spokesperson for RMCs
Safeguards
Mitigation/Adaptation Strategies
Advisory Services
Climate Proofing
VISION: Preferred Partner for High Impact, Well-focused Development Assistance
MTS Achievements (1/6)
►High Level Panel Report - 2007
☼ The VISION:
■ AfDB Preferred Partner in Africa
The Strategic Framework in 5 Areas
1 Operational Selectivity
2 Results and Performance
3 Decentralization
4 Streamlined Internal Processes
5 Staffing, Knowledge, Financials, and Partnerships as
Foundation
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MTS Achievements (2/6)
● Core Priorities Set Out in MTS
Sector focus
 Infrastructure
Special
applicability to…
 Regional
Integration
 Governance
Cross-cutting
 Gender
 Environment
 Fragile States
 Private Sector
 Climate Change
 MICs
 Higher Education
 Agriculture
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 Knowledge
Management
MTS Achievements (3/6)
►
FOCUS ON PRIORITIES MAINTAINED
(End 2009)
Governance (Programmatic
Lending) 22%
Others (incl.
Higher
Education)
10%
Private Sector
36%
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Infrastructure
(Sovereign)
(32%)
MTS Achievements (4/6)
► IMPROVING DELIVERY CAPACITY
●
●
●
●
Decentralisation
- Decentralisation Strategy
- Enhanced Country Dialogue and Portfolio Management
Operations Business Processes
- Creation of COO, SMCC and OPSCOM
- Greater Strategic Alignment and Delivery
Human Resources
- Increased recruitment
Budget Reforms
- Strengthened link between priorities and resource allocations
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MTS Achievements (5/6)
Strategy Drives Resource Allocation

AfDB MTS
AfDB
approved
Work
Programmes
& Outputs
Key Performance
Indicators
Alignment
Process
VISION: Preferred Partner for High Impact, Well-focused Development Assistance
AfDB
Resources &
Budget
2011-2013
MTS Achievements (6/6)
► Expanded Operations
Bank Group Lending  More than 100% increase b/w 2006 to 2009
► Problematic Projects  Dramatic Reductions since 2006
5,856
2,307
2,765
18%
3,290
9%
7%
6%
2006
Lending (UA Million)
2007
2008
2006
2007
2008
2009
2009
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Challenges and Outlook (1/2)
►
►
►
►
High Risk environment with limited resources
Increased demand for funds from RMCs
Capacity for delivery and corporate business efficiency
Strategic Alignment
■ MTS is undergoing a Mid-Term review:
► Ensure the adequacy of the Bank’s strategic framework for
the remainder of the MTS period....confirm/revise targets and
projections
VISION: Preferred Partner for High Impact, Well-focused Development Assistance
Challenges and Outlook (2/2)
The Bank is demonstrating progressive achievements towards
its vision in 2012 in three key areas:
►
Growth
Increases in lending, staffing and advanced stages for GCI and ADF
replenishments
►
Responsiveness
Quick action prevented the financial crisis from becoming a development
crisis by acting in a countercyclical way to liquidity availability as well as
the accelerated resource transfer and policy support
►
Relevance
Aligning the Bank’s current priorities with those of RMCs lays foundation
for recovery on the continent once global recovery sets in
VISION: Preferred Partner for High Impact, Well-focused Development Assistance
VISION: Preferred Partner for High Impact, Well-focused Development Assistance