The third Replenishment meeting of the of the African Development Fund (ADF-15) will take place from December 4-5, 2019, in Johannesburg, South Africa.

Trust Funds are important vehicles for channeling concessional development finance. The current portfolio of Trust Funds supports country-level operations, emergency responses, knowledge initiatives, advisory services.

The Bank's partnership portfolio has considerably increased in diversity and complexity in recent years, largely due to its enhanced institutional credibility and visibility as Africa's premier development finance institution.

The African Development Fund (ADF) is the concessional financing window of the Bank Group that provides low income Regional Member Countries (RMCs) with concessional loans and grants, guarantees as well as technical assistance for studies and capacity building in support of projects and programs that spur poverty reduction and economic development.