By: TPA NewsDesk | www.thepointafricanews.com | Africa
The African Development Bank (AfDB) has successfully raised a record $11 billion for its 2025 African Development Fund (ADF) replenishment round, overcoming major funding cuts from the United States under the Trump administration.
The ADF is the AfDB’s concessional financing arm, providing highly concessional loans and grants to low-income African countries to support development projects in infrastructure, health, education, and climate resilience. Traditionally, the United States has been one of the largest contributors, but in this cycle, the U.S. Treasury chose not to pledge funding, citing broader foreign aid policy shifts.
Despite this gap, AfDB mobilized funds from a diversified pool of donors, including European countries, Arab development institutions, African member states, and private financial markets. The $11 billion raised sets a new record for ADF fundraising and demonstrates the institution’s ability to adapt to evolving donor dynamics.
AfDB President Dr. Akinwumi Adesina said in a statement, “This achievement underscores the confidence that our partners continue to have in the African Development Bank and in Africa’s potential. Even in the face of significant funding challenges, the continent’s development agenda remains a global priority.”
Observers noted that the replenishment round reflects a growing shift in international development financing, with more emphasis on regional collaboration and contributions from African member countries. This diversification reduces reliance on traditional donors and positions AfDB to continue supporting development initiatives across the continent, from energy and infrastructure to health and climate adaptation.
The successful fundraising also sends a signal to global investors and development partners that Africa remains attractive for long-term development investment, even amid changing geopolitical funding landscapes.
Dr. Adesina added, “The resilience shown in this fundraising round demonstrates Africa’s determination to secure its own development path, while continuing to partner effectively with the international community.”
With the record $11 billion, AfDB aims to accelerate its development programs across Africa, providing vital financing to countries most in need while fostering sustainable economic growth, job creation, and poverty reduction.
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