Arab Fund for Economic and Social Development (AFESD)

Fonds Arabe pour le Développement Economique et Social (FADES)
Fondo Arabe para el Desarrollo Económico y Social
الصندوق العربي للإنماء الاقتصادي والاجتماعي

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Contact Details

URL: https://www.arabfund.org/

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Founded

1968-05-16

History

Established following agreement by the Economic and Social Council of D-XD2903 - League of Arab States (LAS). Agreement entered into force, 18 Dec 1971. Commenced full operations in 1974.

Establishment Agreement amended by Board of Governors in 1997 in response to the need to enhance the developmental role of the private sector in member countries; now authorized to finance private sector development projects in Arab countries.

Aims

Contribute to financing of economic and social development projects in Arab countries by extending loans, on concessionary terms, to governments and public corporations and enterprises of member states, giving preference to projects which are vital to the Arab world and to joint Arab projects; serve as a catalyst for encouraging direct or indirect investment of public and private capital in a manner conducive to development of the Arab economy; provide expertise and technical support in various spheres of economic development.

Events

2027 | Riyadh, Saudi Arabia – Arab Energy Conference

32 past events available with paid subscription only.

Activities

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Structure

Board of Governors (meets at least annually); Board of Directors.

Languages

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Staff

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Finance

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Relations with Inter-Governmental Organizations

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Relations with Non-Governmental Organizations

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Publications

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Members

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Type I Classification

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Type II Classification

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Subjects *

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UN Sustainable Development Goals **

GOAL 1: No PovertyGOAL 2: Zero HungerGOAL 3: Good Health and Well-beingGOAL 4: Quality EducationGOAL 5: Gender EqualityGOAL 6: Clean Water and SanitationGOAL 7: Affordable and Clean EnergyGOAL 8: Decent Work and Economic GrowthGOAL 9: Industry, Innovation and InfrastructureGOAL 10: Reduced InequalityGOAL 11: Sustainable Cities and CommunitiesGOAL 12: Responsible Consumption and ProductionGOAL 13: Climate ActionGOAL 14: Life Below WaterGOAL 15: Life on LandGOAL 16: Peace and Justice Strong InstitutionsGOAL 17: Partnerships to achieve the Goal

UIA Org ID

XF4228

* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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