African Development Agency is an institution initiated by the World Bank and other donor agencies principally to function as Multi-Lateral Organ for Socio Economic Development in Africa especially in achieving lasting solution in eradication of poverty and underdevelopment. Apart from being an implementing partner to the World Bank on developmental projects in Africa, the Agency serves as a vital
linkage between other international communities especially Donor countries/Agencies in ensuring that procurement in projects financed by the World Bank and other Donor Countries/Agencies are conducted in accordance with its Articles of Agreement. The Articles of Agreement requires the ADA to make arrangements to ensure that Loans/Grants proceeds so provided for developmental projects in Africa are used only for the purposes for which such funds was provided for and to further ensure that Political and other non-economic influences or considerations do not influence Procurement/Awards of Contracts/Projects. Finally to maintain efficiency, fairness and transparency of all expenditure which is critical to sustainable development.
