2013 marked the first year of implementation of the Bank's Ten-Year Strategy for the period 2013-2022, approved in April by the Board of Directors, with the dual aims of economic inclusion and transition to green growth. Selectivity and the quest for results continue to serve as guides. In addition, the Bank stepped up efforts to consolidate resilience and set development milestones.
The United States Agency for International Development (USAID) on Monday, May 19 signed a grant agreement to provide the African Legal Support Facility (ALSF) with financial support in the amount of US $3.0 million over a three-year period under the US Power Africa Initiative.
The grant agreement was signed on the sidelines of the Annual Meetings of the African Development Bank Group (AfDB) in Kigali, Rwanda, by USAID’s Assistant Administrator for Africa, Earl Gast, and ALSF Director, Stephen Karangizi.