The African Development Bank (Sixteenth Replenishment of the African Development Fund) Order 2023

This Order approves the making of payments on behalf of the Government of the United Kingdom to the African Development Fund of sums not exceeding £450 million as a further contribution to the resources of the African Development Fund. The payment approved by this Order will be made pursuant to Resolution No F/BG/2023/01 adopted by the Board of Governors of the Fund on 2nd April 2023. The Order also provides for the redemption of non-interest-bearing and non-negotiable notes issued by the Secretary of State pursuant to those arrangements.