The total amount of loans, grants and investments financed by Abu Dhabi Fund for Development (ADFD) and Abu Dhabi Government and managed under the supervision of ADFD during the past 37 years stood at nearly AED 23 billion for 273 development projects in 53 developing countries around the world. In 2009 alone, the ADFD offered loans in tune of AED 334.7 million to projects in Eritrea, Guinea, Benin, Tanzania and Burkina Faso, the UAE news agency "WAM" reported. The ADFD"s core mission focuses on helping developing countries achieve sustainable economic growth and reduce poverty by providing financial resources, forging partnerships in the public and private sectors, and adopting international best practices to ensure aid effectiveness. In addition to its activities, ADFD also manages the loans and grants of Abu Dhabi Government, as it plays an essential role in designing, executing, supervising and assessing the projects financed by the government.
