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Abu Dhabi Fund for Development is an autonomous institution owned by the government of Abu Dhabi. it was established on July 15th, 1971 to help developing countries to achieve development through assistance in the form of concessionary loans, developments grants and equity participation. 
 
Abu Dhabi Government  supporting brotherly and friendly nations, particularly the developing ones, by assisting vital projects pivotal for development initiatives, strengthening infrastructure and providing employment and capital.

Since its establishment, ADFD has embarked on partnership with both public and private sectors in 53 countries to support various development projects. These span wide range of sectors including infrastructure, agriculture, electricity and water, transportation, industry, social & healthcare services, tourism & hospitality, telecommunications, and studies & technical support.

ADFD grants and loans, valued at AED 12.5 billion (US$3.542 billion), have funded 199 projects in 53 developing countries. In addition, ADFD has set up 12 joint ventures that operate in various sectors in different geographical locations. ADFD also manages loans and grants initiated by Abu Dhabi government valued at AED10 billion.

 

 Vision

 

To be a model institution in providing development assistance that alleviates global poverty.

 

 Mission

 

To help developing countries achieve sustainable economic growth and reduce poverty by providing financial resources, forging partnerships in the public and private sectors, and adopting international best practices to ensure aid effectiveness.

 

 Core Values

 

  1. Cooperative: Collaborate without boundaries, show care and respect for others’ views, encourage team achievements.
  2. Creative: Always improving, focus on solutions not problems, embrace change with positive attitude.
  3. Committed: Responsible for high performance, adhere to high ethical standards, determined to achieve our goals.
  4. Competent: Encourage personal development, confidence in our abilities, improve corporate skills and knowledge.

 

 Core Business

   

Concessionary loans:

ADFD Provides finance aid to governments in developing countries in the form of concessionary loans and administers the grants provided directly by the Abu Dhabi government to support projects that contributes to the country’s economic development and growth.

 
Equity participation:


ADFD regards expanding private sector activities as vital for its fight against poverty because:

Private sector growth contributes directly to economic growth which creates jobs that use labor, the main asset of the poor.

Economic growth increases the tax base, enabling governments to provide basic social services.

Private sector is acknowledged to be better suited for sustaining rapid growth than government. Therefore, ADFD supports private sector development through its equity participation operation.

 

 

 Strategy

 

ADFD will pursue its vision and mission by focusing on seven complementary strategic priorities, the first three priorities focus on its service delivery, the next four priorities focus on strengthening ADFD internal capability and capacity:

Concessionary loans – in view of ADFD’s limited financial resources and changing external environment with regards to international development aid, ADFD will have make due changes and improvements to remain competitive and effective.

Equity Participation – ADFD will expand its work with the private sector to generate greater economic growth in developing countries. ADFD will assume greater, but thoroughly assessed, risks and act as a catalyst for investments that the private sector might not otherwise be willing to make. ADFD will also promote public-private partnerships in all of its core operational areas.

External Relations – To increase the positive image of Abu Dhabi government locally and internationally through ADFD’s projects and operations.

Resources management

Internal processes

 People development

 Aligning its HR policy and plans to make positive contributions to Abu Dhabi community and society.

 

 Achievements

 

Since its inception, ADFD has provided loans, grants, and investments worth AED13 billion to finance 211 development projects and establish joint ventures. In addition, ADFD also manages the loans and grants of Abu Dhabi Government, taking the lead role to design, implement, supervise and assess funded projects. ADFD manages 62 projects valued at AED 10 billion that are backed by the Abu Dhabi Government. In all, these 273 projects have been undertaken in 53 developing countries across the world.