African Development Bank Group approves new strategy to address fragility and build resilience in Africa 2022-2026 – World

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The Board of Directors of the African Development Bank Group has approved a new strategy for addressing fragility and building resilience in Africa for the period 2022-2026. The strategy offers a roadmap for building more resilient institutions, economies and societies across the continent over the next five years.

This is the Bank’s third fragility and resilience strategy, building on previous strategies from 2008 and 2014. It builds on lessons learned from the Bank’s 20-year engagement on fragility in Africa and its increasingly sophisticated understanding of its drivers. The strategy has been informed by extensive consultations with partners and stakeholders, and identifies three interconnected and mutually reinforcing priorities, namely: strengthening institutional capacity, building resilient societies and catalyzing private investment.

“These priorities have clear synergies with many of the Bank’s existing sector and thematic strategies, including the Africa Economic Governance Strategy, the Private Sector Development Strategy and all of the High 5 priorities,” said Dr Yero Baldeh. , Transition Director. States Coordinating Office.

Despite major economic gains across Africa over the past two decades, as evidenced by improvements in basic services, infrastructure and governance, significant parts of Africa have been left behind. These regions have proven to be the most vulnerable to instability and crises. The COVID-19 pandemic and the effects of climate change have further underscored that fragility can arise in any context.

While viewing fragility as a condition that can arise in any context, the strategy details how the Bank Group will adapt its operations and instruments to address the root causes of conflict and fragility, recognizing the need to increase investment in crisis prevention. It is anchored in a theory of change that links measures to strengthen the Bank Group’s capacity and portfolio to achieve better results in fragile contexts with an end goal of increasing resilience in Africa.

The strategy also defines a set of operational levers that will enable it to work more effectively in fragile contexts, including a strong analytical work programme, the systematic application of the fragility lens in national and regional strategies, planning and design of projects.

The evolution of the African Development Bank’s understanding of fragility has enabled it to develop a plan rooted in an approach that focuses on building resilience in all its African member countries, and recognizing the need to reorient resources from crisis response to long-term investment in the crisis. prevention. Progress will be tracked through a results measurement and reporting framework and a mid-term review.

Ms. Yacine Fal, Ag. “This is an ambitious yet realistic strategy, firmly anchored in the Bank’s comparative advantage, unique mandate and position within Africa’s development architecture. It will reinvigorate and strengthen the Bank’s engagement on fragility in Africa by making its full range of operations and instruments more effective in preventing crises and building resilience.

Contact:

Amba Mpoke-Bigg, Department of Communication and External Relations, email: a.mpoke-bigg@afdb.org(link sends e-mail)

Technical details:

Riadh Ben Messaoud, Senior Coordinator, Transition States Coordination Office, email: r.benmessaoud@afdb.org

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