Author(s)

Albert-Enéas Gakusi¹, Barbara Scola², Zahra Khimdjee², Mohamed Coulibaly³

¹Independent Development Evaluator, Previously Chief Evaluation Officer at the African Development Bank, Abidjan, Côte d’Ivoire.
²Senior Consultant in Inclusive Finance, Paris, France.
³Principal Country Program Officer at the African Development Bank, Abidjan, Côte d’Ivoire.

This paper aims to present the results of the evaluation of the financial sector development operations of the African Development Bank during 2011-2018 to assess if the policy and strategy approved in 2014 made a difference. To this end, the paper analyzes the financial sector development portfolio while comparing the pre and post 2014 policy and strategy periods. The evaluation found that the structure and the evolution of the portfolio had many positives in line with the 2014 financial sector development policy and strategy. It makes recommendations to improve the design of the new strategy as well as the design and the implementation of the operations.

Financial Sector Development, Financial Instruments, Access to Finance, Relevance, Quality of the Design, Effectiveness, Efficiency, Impacts, Sustainability

Gakusi, A. , Scola, B. , Khimdjee, Z. and Coulibaly, M. (2022) Statistical and Qualitative Evaluation of the Effectiveness of the African Development Bank’s Financial Sector Development Operations, 2011-2018. Modern Economy, 13, 483-518. doi: 10.4236/me.2022.134026.