Our Mandate & Establishment
The African Union Development Project (AUDP) was established by the Assembly of Heads of State and Government of the African Union as a pan-African financial institution with a singular, powerful mandate: to accelerate the economic development and integration of the African continent.
Born from the vision of Agenda 2063 – "The Africa We Want" – the AUDP operates as a strategic, autonomous entity designed to mobilize and deploy capital for high-impact, transformative projects that are critical to Africa's future. We fill a vital niche, financing the large-scale, often transboundary infrastructure that forms the backbone of a unified, prosperous, and resilient Africa.
Our Vision
To be the preeminent financier and trusted partner for building a fully integrated, politically united, and economically thriving Africa, driven by world-class infrastructure and empowered communities.
Our Mission
To mobilize significant financial resources and provide strategic capital for high-priority development projects across the African Union Member States. We prioritize initiatives that foster regional connectivity, enhance economic competitiveness, build climate resilience, and deliver tangible socio-economic benefits for the people of Africa.
Our Core Values
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Excellence & Impact: We are relentless in our pursuit of developmental impact, ensuring every project meets the highest standards of economic, social, and environmental performance.
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Integrity & Accountability: We operate with unwavering ethical principles, transparency, and fiscal responsibility, accountable first and foremost to the people of Africa.
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Innovation & Leadership: We champion innovative financing models, cutting-edge technology, and progressive thinking to solve Africa's most complex development challenges.
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Partnership & Collaboration: We believe in the power of collective action, forging strong partnerships with governments, the private sector, and civil society to achieve shared goals.
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Pan-Africanism & Sustainability: Our work is rooted in the spirit of Pan-Africanism, dedicated to a future where growth is inclusive, equitable, and sustainable for generations to come.
Our Governance & Leadership
The AUDP is governed by a robust framework that ensures strategic oversight, operational independence, and fiduciary integrity.
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Board of Governors: Comprising Ministers of Finance from all Member States, this is the highest decision-making body, setting our strategic direction and oversight.
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Board of Directors: A diverse group of esteemed finance and development experts responsible for approving policies, investments, and overseeing management.
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Audit & Risk Committee: An independent committee ensuring strict compliance, risk management, and financial integrity.
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Management: Led by the Director-General, our world-class management team executes the strategy and manages the day-to-day operations of the Fund.
Our Financial Strength & AAA Rating
The AUDP is built on a foundation of financial prudence and strength. We have been awarded a AAA rating from major international credit rating agencies, a testament to our robust capital adequacy, conservative risk management, and the unwavering support of our member states.
This premier credit rating allows us to borrow capital at preferential rates on international markets, thereby maximizing the impact of our resources and reducing the cost of development for our member states.
Key Financial Highlights (as of [Last Fiscal Year]):
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Authorized Capital: $50 Billion
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Capital Subscribed: $30 Billion
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Portfolio Size: $22 Billion in Active Investments
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Leverage Ratio: A conservative 0.5:1
Our Strategic Focus Areas
Our investments are strategically aligned with the key pillars of Agenda 2063 and continental priorities.
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Infrastructure Connectivity: Financing roads, railways, ports, and digital infrastructure to physically and digitally integrate Africa.
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Energy Security: Catalyzing Africa's transition to clean, affordable, and reliable energy for all.
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Industrialization & Trade: Building productive capacities and regional value chains to transform economies.
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Food Security & Water Resilience: Investing in climate-smart agriculture and water security to nourish nations.
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Human Capital & Health: Developing the skills and health systems required for a thriving populace.