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African Development Bank

African Development Bank Financial and Operational Analysis for year 2006

African Development Bank

May 2007

SARPN acknowledges the AfDB as the source of this document:
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Highlights of Year 2006

  • Real GDP growth exceeds 5% for the third consecutive year propelled by prudent macroeconomic policies, improved terms of trade, a supportive global environment and increased benefit from debt relief
Bank Group
  • Excellent operational and financial results

  • Year of transformation and institutional reforms to enhance development effectiveness

  • Establishment of High Level Panel to advise on strategic vision

  • Increased successes in local currency operations with issuance of bonds linked to Tanzanian Shilling, Ghanaian Cedi and Nigerian Naira

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