Friday, October 1, 2010

AfDB Group Results Measurement Framework / Reinforcing Development Outcomes for Africa

TUNIS, Tunisia, October 1, 2010/African Press Organization (APO)/ — On 22 September 2010, the Board of Directors of the African Development Bank (AfDB) Group approved the institution’s Results Measurement Framework (RMF).

The document will play a key role in making the AfDB more efficient in pursuing its mission. The objective is to increase the development impact of AfDB’s operations for poverty reduction in Africa.

The framework is a streamlined result-reporting mechanism designed to provide periodic information on the Bank’s performance vis-à-vis programmed results and create opportunities for timely corrective actions.