Multinational - African Project Development Facility (APDF)


Project Summary

Approval Date 23 Sep 1998
Signature Date 22 Mar 1999
Planned Completion Date 31 Dec 2003
Last Disbursement Planned Date 30 Jun 2004
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 11330
Environmental Category 3
Commitment U.A 1,491,613.84
Status Completion

Project General Description

The general goal of APDF is to contribute to the acceleration of productive enterprises sponsored by African entrepreneurs. The Facility does not provide financing but works with entrepreneurs on the preparation of viable projects and helps them secure financing from banks and appropriate sources of capital. The services of APDF include helping entrepreneurs prepare market reports, feasibility studies, and other studies needed for project preparation. It also identifies promising African entrepreneurs and helps them organise, diversify and expand their businesses and works with these entrepreneurs through out the project preparation cycle until they secure funding for the project. In special situations, the Facility also assists entrepreneurs in project implementation. APDF typically supports projects with investment cost ranging from USD 250,000 to USD 7 million, but also considers smaller projects (not less than USD 125,000) depending on the economic conditions in the entrepreneur's country and the social and economic impact the project might have.

Participating Organization

Funding
African Development Fund
Implementing
APDF-AFRICAN DEVELOPMENT FACILITY

Information

IATI identifier 46002-P-Z1-KZ0-001
Last Update 30 Nov 2022

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Contact Details

Name M'PENG BAYOI Daniel Constant
Email d.m-bayoi@afdb.org

Geographic Location

Country Multinational