Member's Documents
Mid-term Evaluation of the African Development Bank Group's Policy on Results-Based Financing
Published by: Independent Development Evaluation, African Development Bank
Conducted by the AfDB’s Independent Development Evaluation (IDEV), the evaluation covered the Bank’s operations financed through RBF since its adoption in November 2017 to December 2023, in the six countries where RBF had been implemented. The countries were Côte d’Ivoire, Egypt, Morocco, Mozambique, Rwanda, and Senegal. The overarching evaluation question was: To what extent is the Bank’s RBF policy meeting its intended objectives?
The evaluation found that the RBF Policy aligns well with the needs of the RMCs and the Bank's strategic objectives. However, it also noted that the policy's implementation has been slow and that the Bank needs to enhance its capacity to design and implement RBF operations. The report includes recommendations for improving the implementation of the RBF Policy, which focus on stakeholder engagement, design and implementation processes, and enhancing implementation capacity.
