Donor involvement (incl. IOs)
Multi-donor, Multilaterals involved
Countries where active
Benin, Burkina Faso, Burundi, Central African Republic, Chad Republic, Comoros, Dem. Republic of the Congo, Eritrea, Ethiopia, Gambia, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Madagascar, Malawi, Mali Republic, Mauritania, Mozambique, Niger Republic, Rwanda, Senegal Republic, Sierra Leone, Somalia Republic, South Sudan, Sudan, Tanzania, Togo, Uganda, Zimbabwe
Sub Sectors (Electricity)
Electricity system, Grid connected generation
The African Development Fund (ADF) introduced the Partial Risk Guarantee (ADF-PRG) instrument as part of the Twelfth General Replenishment of the ADF (ADF-12) to leverage resources from the private sector and other co-financiers for ADF countries, including fragile states, and to incentivize governments to undertake policy and fiscal reforms necessary to mitigate performance-related risks.
The ADF PCG is an instrument designed to address the challenges faced by ADF countries that are performing well economically and State Owned Enterprises in their quest to mobilize both domestic and external commercial financing for developmental purposes. The product serves to partially guarantee debt service obligations of low income countries (LICs) and well performing State Owned Enterprises in LICs.