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Financial support: Trump wants to deprive the ADB of 555 million dollars

05/05/2025
Source : ORISHAS FINANCE
Categories: Sectors

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In a decision, the Trump administration proposed the elimination of American funding to the African Development Fund (ADF), the concession arm of the African Development Bank (ADB).

The proposal of the American president means the end of a financial support from the United States for the BAD . 555 million dollars in contributions to African multilateral institutions are targeted. The White House intends to redirect American funds to investment mechanisms deemed more “profitable”, via the DFC (U.S. International Development Finance Corporation), through the DFC (U.S. International Development Finance Corporation), which focuses on the return on private investment. This decision is likely to have serious consequences for millions of beneficiaries in sub-Saharan Africa. Selon les termes de l' Trump administration , current multilateral aid, especially those focused on climate, gender equality gender or democratic governance, would be too “ideological or radical”, considered useless or contrary to the current political line

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