Annual Development Effectiveness Review

Page 17

Introduction

Introduction Each year, the Annual Development Effectiveness Review (ADER) provides an update of Africa’s progress against its development goals, and assesses the contribution made by the African Development Bank (AfDB, or the Bank) to that progress. The ADER serves an important management function for the Bank, helping us to identify where we are performing well and where we need to do better. It also provides our stakeholders and partners with a better understanding of our objectives, our portfolio, and our performance against our targets. This year, the ADER analysis is based on a new Results Measurement Framework, prepared to help the Bank sharpen its strategic focus and accelerate the pace of internal reforms. The framework reflects our new Development and Business Delivery Model, which is designed to maximise development impact and value for money.

◗◗ Feed Africa ◗◗ Light up and power Africa ◗◗ Industrialise Africa

Strategies for delivering on the High 5s, approved this year, set out concrete goals for the Bank to achieve by 2025. The new RMF was prepared using theories of change in key results areas, linking Bank actions to High 5 objectives and to sustainable development results across Africa. The ADER, like the Bank’s other flagship publications, is written in clear and accessible language. For our range of external stakeholders, including African countries and development partners, the ADER offers a clear and straightforward narrative about trends in the High 5 areas and cross-cutting issues in Africa. The ADER also allows stakeholders to see whether the Bank is on track to achieve its goals, by assessing our progress in a rigorous way against time-bound, quantified targets. It therefore supports the Bank’s commitment to transparency and accountability in its operations. For the Bank, the ADER provides an opportunity to reflect on our development results and what they mean for our performance. It prompts us to analyse what has worked well and why, and what the

Figure 1  The Bank is increasing its strategic focus on five priority areas of action INCLUSIVE GROWTH

GREEN GROWTH

LEVEL 1 – WHAT DEVELOPMENT PROGRESS IS AFRICA MAKING? Feed Africa

Light up & power Africa

Industrialise Africa

Improve Africans’ quality of life

Integrate Africa

Cross-cutting strategic areas

LEVEL 2 – WHAT DEVELOPMENT IMPACT ARE BANK-SUPPORTED OPERATIONS MAKING? Feed Africa

Light up & power Africa

Industrialise Africa

Integrate Africa

Improve Africans’ quality of life

Cross-cutting strategic areas

LEVEL 3 – IS AfDB MANAGING ITS OPERATIONS EFFECTIVELY? Increase development impact

Enhance quality and speed

Move closer to clients

Improve financial performance & mobilise resources

Ensure strong portfolio performance

Enhance knowledge and advisory services

LEVEL 4 – IS AfDB MANAGING ITSELF EFFICIENTLY? Increase value for money

Engage staff for better performance

Annual Development Effectiveness Review 2017

The Results Measurement Framework (RMF) is structured around the Bank’s “High 5s” — the five priority areas for achieving our Bank Strategy 2013–2022:

◗◗ Integrate Africa ◗◗ Improve the quality of life for the people of Africa

11


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.