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The UK's support to the African Development Bank Group: report from the Sub-Committee on the Work of ICAI - World


The UK’s support to the African Development Bank Group: report from the Sub-Committee on the Work of ICAI
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UK should support faster disbursement of African Development Bank funds to promote continent’s covid-19 recovery
To help African nations recover from the impact of covid-19, the Sub-Committee on the Work of the Independent Commission for Aid Impact has called on the UK Government to push for faster disbursement of funds held by the African Development Bank.
The sub-committee’s latest report has considered ICAI’s review on The UK’s Support to the African Development Bank, which assessed the UK’s involvement in the Bank as Green/Amber, indicating “satisfactory achievement in most areas, but partial achievement in others”. The UK has the smallest shareholding in the Bank of all G7 nations, yet its involvement has been positive in promoting the UK’s aid objectives, including key cross-cutting priorities such as fragile states and gender. ....

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