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Egypt "Largest Recipient" of Official Development Assistance in Africa- AfDB

Egypt leads African countries in terms of obtaining development funds in 2021, at a value of $8.2 billion.
01.06.23 | Source: See News

Egypt leads African countries in terms of obtaining development funds in 2021, at a value of $8.2 billion.


The African Economic Outlook 2023 reported that Official development assistance (ODA) for Africa has stabilized at $65 billion in 2021 after the 28% jump in 2020.


The sudden rise in ODA since 2020 reflects the support provided by the international community to help African governments address the humanitarian, social and economic impacts of the pandemic crisis and difficult global conditions.


Egypt topped the African countries that witnessed the largest increase in official development financing in 2021 (428%), Equatorial Guinea (115$), Angola (109%), Gabon (82%), and Sudan (60%).


The bulk of ODA for Africa in 2021 was concentrated in Egypt ($8.2 billion), Ethiopia ($4 billion), Sudan ($3.8 billion), the Democratic Republic of the Congo ($3.5 billion), and Nigeria ($3.4 billion). and Kenya ($3.1 billion).

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