FAQs

Q: How are ACGF proposals reviewed?

A:  A Regional Advisory Committee comprised of Regional Directors provides advice to the Regional Vice-President (RVP). The RVP makes the final decision on the projects to be included in the ACGF portfolio. This decision is then endorsed by the Bank-wide ACGF Steering Committee which is comprised of the vice-presidents of the following: Operations Policy & Country Services (OPCS), Concessional Finance and Global Partnerships (CFP), Development Economics (DEC), Poverty Reduction and Economic Management Network (PREM), International Finance Corporation (IFC) and the Mulitlateral Investment Guarantee Agency (MIGA). Relationships with the donors to the ACGF are critical, and therefore we seek their input into the process. This is not a formal aspect of the structure. However, there is a formal process of reporting and consulting with the donors at least twice a year.

Q: Who provides funding to the ACGF? Will this have an influence on the types of proposals most likely to be approved?

A: The UK is the first donor and Spain is the second. The Regional Advisory Committee follows the criteria for ACGF operations that are identified on the website. The ACGF projects that are funded are the most competitive of those received.

Q: Can individuals or private businesses apply to the ACGF?

A: No, the ACGF does not directly provide grants to individuals, the private sector, interest or research groups. Only eligible African countries or regional organizations are eligible to apply.

Q: Will there be other calls for proposals and when?

A: This depends on the release schedule and the number of additional donors that come into the Fund. Call for proposals dates are pre-set, so that we can be flexible and offer these calls as soon as funding is available.