African Development Fund Grants $4.3 Million for Natural Capital Integration in 13 Countries

The African Development Fund has approved a $4.23 million grant for the second phase of a project integrating natural capital into development financing across 13 African countries. The initiative aims to improve how these nations measure and manage their natural wealth. The project covers Burundi, Cameroon, the Central African Republic, the Democratic Republic of the Congo, Ghana, Côte d'Ivoire, Kenya, Mozambique, Rwanda, Tanzania, Togo, Zambia, and Zimbabwe. Partner institutions including WWF, GIZ, and UNEP will provide in-kind contributions, with implementation scheduled from October 2026 to September 2029. The project will offer policy support, technical assistance, and capacity building to strengthen statistical systems and institutional frameworks. Officials expect long-term benefits including GDP growth, increased foreign investment, poverty reduction, and improved economic competitiveness in participating countries.