Abu Dhabi Fund for Development offers loans at concessional rates to governments of developing countries to build and strengthen infrastructure and achieve their economic objectives. The projects financed by ADFD are directly supervised by the organisation for compliance with global standards. It also manages government grants meant to support socioeconomic objectives of partner countries.
Abu Dhabi Fund for Development follows a procedure for approval of fund requests for development projects made by governments of developing countries. It involves the following steps:
Bahrain – an Arab state located on the southwestern coast of the Gulf, is an archipelago comprising of Bahrain Island and around 30 smaller islands. The kingdom is located in one of the world’s highest oil-producing regions. Given that it only has small reserves of hydrocarbons, the kingdom and its economy has long relied on processing crude oil from its regional neighbors.
From 1989 to 2011, the population of Tirana nearly doubled as people streamed from the countryside to urban centers. Albanians flocked to purchase cars, and only 200 cars in Tirana in 1992 multiplied to 200,000 in 2004
A new age of rail travel will make its mark on Morocco with the inauguration of the new inter-city TGV, the first high-speed train link on the African continent
The Kidahwe-Uvinza road is in line with ADFD’s strategy of assisting developing countries with the necessary funding to undertake vital projects on their development agenda in order to contribute to their sustainable economic growth
Sudan - located in northeastern Africa – was the largest country in the continent prior to the secession of South Sudan in 2011. Historically, the country’s economic growth has been disproportionately dependent on agriculture as a source of income and employment for over 80% of Sudanese. However, oil discovers in the 1970s have driven most of Sudan’s post-2000 growth.