Columbia International Affairs Online: Policy Briefs

CIAO DATE: 07/2010

A New and Improved African Development Bank?

Todd Moss

May 2010

Center for Global Development

Abstract

In late May 2010 the African Development Bank will be asking its shareholders to approve a tripling of its capital base. In preparation for this pivotal occasion, a Center for Global Development working group evaluated the Bank and came up with three recommendations: 1) focus on promoting economic growth; 2) specialize in infrastructure; and 3) lead, but don’t lend, on critical regional and global issues.