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Equities Procedures

ADFD’s mission is to help developing countries achieve sustainable economic growth and reduce poverty. To do so, we provide concessionary financial resources in the form of sovereign loans that satisfy the concessional conditions in accordance with the requirements of the Organisation for Economic Co-operation and Development (OECD).

Loan applications can be submitted through:

The Government: ministry in charge of international borrowing e.g. ministry of finance or ministry of international cooperation, etc.

Semi-governmental or private companies with a government guarantee. A loan guarantee agreement will be signed with the government at the time of signing the loan agreement

    Eligibility

    ADFD’s application process consists of the following main steps:

Your application is for an infrastructure project such as energy, water, transportation, health, housing, education etc.

You are from a developing country that is included in the OECD’s “DAC List of ODA Recipients”.

The project falls within the government’s developmental priorities

The project has a positive socio-economic impact in the country

Funding Process

  • Review of the Application Documents
    • Official submissions should come from government through the ministry in charge of international borrowing
    • All requests should indicate that the project is within development priorities
    • The request for funding should be supported by an economic feasibility study, projected cash flow and the financing plan
  • Initial Assessment
    • Review of the submission and evaluation of the economic feasibility process allows the ADFD to understand the project, and coordinate with other financing institutions involved in funding the projects.
  • Project Appraisal
    • The appraisal process allows ADFD to ascertain the economic conditions, review the soundness of the feasibility study, assess the validity of the cost estimate and assess the capabilities of the beneficiary in administering, executing, operating and maintaining the project. ​​
    • (ADFD may accept appraisal reports conducted by one of the other financing institutions.) ​​
  • Loan Approval
    • Once approved by ADFD’s Board of Directors, the beneficiary will be notified and the loan negotiation process will commence in preparation for the loan signature. ​​

Funding conditions

Loan amounts vary between $5million - $100 million depending on the project and the country’s per capita income

Loan rates vary between 2 – 5 percent per annum, with duration of 15 – 20 years, including a grace period ranging from 3 – 5 years. Final terms and conditions of the loan will be set by ADFD.

The loan amount for each project shall not exceed 50 percent of the project cost, however for projects not exceeding $20 million in cost ADFD may extend its participation up to 80% of the project cost all subject to the approval of ADFD Board of Directors.

All requests should be addressed to:

Director General

Abu Dhabi Fund For Development

P.O. Box 814 Abu Dhabi,

Call: +97126939444

Fax: +97126677070

Email: operations@adfd.ae