The African Development Fund (ADF) agreed to loan the Egyptian government $360m to construct an additional reception hall in the Sharm El-Sheikh airport, with the capacity to host 10 million passengers yearly, on condition that Egypt first accepts its pending IMF loan.
What does AFD stand for?
AFD stands for African Development Fund
This definition appears frequently and is found in the following Acronym Finder categories:
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- Business, finance, etc.
See other definitions of AFD
We have 208 other meanings of AFD in our Acronym Attic
- Action for Development (Ethiopia)
- Active Format Descriptor
- Acute Febrile Respiratory Disease
- Adaptive Flexible Defense
- Adaptive Flight Display
- Adjustable Frequency Drive
- Advanced Full-screen Debugger
- Advocates for the Disabled
- Affective Mood Disorder (mental health)
- African Development Foundation
Samples in periodicals archive:
The group comprises the African Development Bank, the African Development Fund, or ADF, and the Nigeria Trust Fund, or NTF.
A delegation of senior officials of the Libyan African Investment Company (LAICO) and the Libyan African Development Fund will arrive in Liberia within a week to conclude talks on the projects.
According to reports in the local Al-Ahram newspaper, the solar power project at Kom Ombo, near the Aswan High Dam hydro-electric plant, will be financed by a number of international institutions, including the African Development Fund and the World Bank.
Kaberuka said at the opening of the bank group's Annual Meetings in Abidjan that approvals for the African Development Fund (ADF), the concessional window of the group, increased by 68 per cent in four years, while outstanding loans (excluding the Multilateral Debt Relief Initiative (MDRI) had doubled.
Zimbabwe's access to the Global AIDS Fund, IMF funds and our own African Development Fund is opposed.