Monday, December 9, 2024

African Development Bank’s sovereign portfolio retains top spot in 2024 Aid Transparency Index

Publish What You Fund, the global campaign for aid and development transparency, has once again 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 released today.

The Bank’s sovereign portfolio climbed four places in the ranking in 2022 to top the Index, setting the standard for high-quality data publication. 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.

The 2024 Index assesses six sovereign (public sector) portfolios and six non-sovereign (private sector) portfolios of development finance institutions (DFIs). The sovereign portfolios of development finance institutions occupy three of the top five positions in the ranking with the African Development Bank coming first, the InterAmerican Development Bank second and World Bank International Development Association fourth.  (Press Release)

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