African Development Bank’s Sovereign Portfolio Ranked First in 2024 Aid Transparency Index

Inter-American Development Bank (IADB) and United States, Millennium Challenge Corporation (US MCC) take second and third place

By Joseph-Albert Kuuire 1 Min Read

Publish What You Fund, the global campaign for aid and development transparency, has once named the African Development Bank’s sovereign portfolio as the most transparent.

The portfolio emerged first out of 50 global development institutions with a top score of 98.8 in its 2024 Aid Transparency Index.

Details

The Bank’s sovereign portfolio climbed four places in the ranking in 2022 to top the Index. For a second time running, the result highlights the Bank’s continued effort and prioritization of good-quality data publication.

The Aid Transparency Index has tracked the transparency of the largest international aid organisations over the last 12 years.

About The Index

The 2024 Index assesses six sovereign (public sector) portfolios and six non-sovereign (private sector) portfolios of development finance institutions (DFIs).

What They're Saying

"I am delighted by this recognition from Publish What You Fund. It is a testament once again to the commitment of the Bank’s Board, management, and staff to continuously improve the disclosure of aid flows by providing consistent, high-quality, and easily accessible data,” said Dr. Akinwumi Adesina, President of the African Development Bank.

We congratulate the African Development Bank as it continues to lead the Aid Transparency Index with its sovereign portfolio. This is the result of a persistent focus on transparency, meaningful involvement with the Aid Transparency Index process, and pro-active engagement with the IATI community,” said Publish What You Fund’s CEO Gary Forster.

Full Report here: 2024 Index - Publish What You Fund


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Joseph-Albert Kuuire is the creator, editor, and journalist at Tech Labari. Email: joseph@techlabari.com Twitter: @jakuuire
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