Key Governance Structures
The ACFM is structured as a multi-donor fund, providing a flexible and streamlined platform for new partners to join. Contributors can participate by signing a Letter of Contribution and adhering to the Fund's established governance and operational arrangements, enabling coordinated support toward shared development objectives.
The Bank's Board Of Directors
- Oversee the general compliance of ACFM interventions with the Bank’s applicable rules and policies.
- Approves all operations of the Investment Facility (IF) and Technical Assistance (TA) operations above USD 5 million.
Governing Council
- Composed of representatives of the donors and be chaired by the Bank.
- Responsible for overseeing the general priorities and strategic direction for the ACFM.
Investment Facility Task Force
- Composed of key Bank technical departments relevant to independently review and validate investment projects compliance with ACFM eligibility criteria and adherence to the blended finance principles.
- Approves all operations of the Investment Facility (IF) and Technical Assistance (TA) operations above USD 5 million.
Technical Review Committee (TRC)
- Composed of members of relevant Bank departments with relevant experience to independently review technical assistance projects against ACFM eligibility criteria.
ACFM Coordination Unit
- Lead the delivery and administrative responsibilities over the ACFM arrangement and operational guidelines.
- Lead implementation supervision and reporting of ACFM activities.