The African Development Bank Group held its 2017 annual meetings this past week in Ahmedabad, India, and the discussions and debates touched on a wide variety of challenges and opportunities facing the African continent. Representatives from the AfDB’s 54 in-region member states and 27 out-of-region states participated, including partners and implementers from government, business, civil society, academia and the media.
In light of the occasion, Devex analyzed contract award data from AfDB for the year 2016 to determine which organizations were the top contractors for the multilateral bank.
According to data from AfDB, over $1.7 billion were awarded to 1,666 contractors in 2016, covering 2,118 individual contracts. The contractors included private firms, public entities, NGOs and individuals.
Of the total amount, 72 percent ($1.23 billion) went to works contracts — that is, contracts for civil engineering construction projects — in the sectors of transport ($669 million), power ($210 million), and agriculture ($177 million), while $229 million and $226 million were services and goods awards, respectively.
Matthew Wolf works with Devex's Development Data team in Barcelona, helping improve our coverage of and insight into development work and funding around the world. He draws on work experience with Thomson Reuters in Africa, MENA and Latin America, where he helped uncover, pursue and win opportunities with local governments and donor agencies. He is interested in data-driven solutions to development challenges.
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