Although there is no official statement or consensus to this effect, it is likely that AfDB`s lending to agriculture, rural development (not related to infrastructure) and social sectors such as health and education is expected to decline in the coming years. The NTF uses its resources to finance projects of national or regional importance that promote the economic and social development of low-income CMRs, whose economic and social conditions require financing on unconventional terms. In 1996, the NTF had a total resource base of $432 million. It grants loans at a rate of 4% with a repayment period of 25 years, including an additional period of five years.  Loans can be used for both long- and short-term loans.  A draft agreement was submitted to senior African officials and then to the Conference of Finance Ministers on the establishment of an African Development Bank. The conference was convened by the United Nations Economic Commission for Africa (UNCA) from 31 July to 4 August in Khartoum, Sudan. The Agreement establishing the African Development Bank (AfDB) was signed by twenty-three African governments on August 4, 1963.  The Agreement entered into force on September 10, 1964.
 Established in 1972, the African Development Fund began operations in 1974. United Nations Convention to Combat Desertification (UNCCD) 2004, which is no longer available (2006). It provides development finance on concession terms for low-income CMRs that are unable to borrow on non-concessional Terms from AfDB. In line with its credit strategy, the fight against poverty is the main objective of ADF activities. Twenty-four non-African countries, together with the AfDB, form their current membership. ADF`s largest shareholder is the United Kingdom, with about 14% of total labor shares, followed by the United States with about 6.5 percent of total voting shares, followed by Japan with about 5.4 percent. According to telegraphs sent by the U.S. Embassy in Abidjan in 1976, the Federal Reserve Bank of New York was designated as a depositing bank for the Fund.  African Development Bank Group (AfDB or ADB) or African Development Bank (AfDB) is a multilateral development finance institution. .