Special Program for Development of Africa (SPDA)

The Special Programme for the Development of Africa (SPDA) is another important initiative within the IDB which was launched in 2008 with a view to spurring economic growth, reinvigorating agricultural production and creating employment opportunities in the African Member Countries. The target capital of the SPDA is USD 12 billion. As of November 2016, the amount of total disbursements is US$ 2.7 billion with a disbursement rate of 54 percent.

Please click for the report on SPDA submitted by the IDB Group to the 32nd Session of the COMCEC.