The Annual Development Effectiveness Review (ADER) provides an overview of how the African Development Bank is contributing to Africa's development. This year's ADER, the third in the series, explores the theme of transition towards a sustainable growth path. The ADER emphasizes that Africa's longer-term growth trajectory is closely tied to the sustainable management of its natural resources.
The ADER addresses three broad questions: What development progress is Africa making? How well is AfDB contributing to Africa's development? And how well is AfDB managing itself to better support Africa's development?
Africa is now the fastest growing continent in the world and its collective GDP per capita has reached $953. Strong economic growth has made major inroads into income poverty with the share of the population living below the poverty line falling from 51% in 2005 to 39% in 2012. The challenge has been to find ways to address continuing inequality so that all Africans are able to benefit from this economic growth. The Bank recognizes that pursuing an inclusive and sustainable growth agenda is essential to reduce these inequalities.
From this point of departure, the ADER outlines some of the key results achieved through the Bank's interventions across the continent in private-sector development, regional integration and trade, infrastructure, agriculture and food security , gender and human development , governance and transparency, fragile and conflict-affected countries, environment and clean energy. The ADER also reports on the health of the Bank's investment portfolio and continuing efforts to strengthen the Bank as a development organization.
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