The African Development Bank (AfDB) Regional Member Countries are categorized as low, middle, and high-income based on their per capita Gross National Income. Despite their relatively high per capita income level, most middle-income countries (MICs) in Africa remain vulnerable to external…
This study was requested by the Board Effectiveness and Efficiency Group, following the implementation by the Bank of a pilot, which increased the EBRD’s delegated authority threshold from €10 million to €25 million. On the completion of this pilot, the increased threshold became the Bank’s…
The EBRD’s 2010 Property Strategy was strongly shaped by the financial crisis of 2008, which hit the Property and Tourism sector (P&T) particularly hard. “Crisis response” was an immediate and dominant operational priority. Longer-term, the Strategy’s objectives were limited to a…
Lending through financial intermediaries, widely known internally as “credit lines,” has been a significant part of the Bank's operations since its inception. Credit lines have allowed it to reach larger numbers of smaller borrowers than possible through direct lending, and alongside…
The AfDB Independent Development Evaluation (IDEV) conducted an evaluation synthesis of Lines of Credit (LOCs) in response to a request of the Board for an independent review of the effectiveness of the Bank’s LOCs.
The objectives of the synthesis were to: (i) Identify good…