What does AFESD mean in Development?
This page is about the meanings of the acronym/abbreviation/shorthand AFESD in the Community field in general and in the Development terminology in particular.
Arab Fund for Economic and Social Development
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Definition
What does AFESD mean?
- Arab Fund for Economic and Social Development
- The Arab Fund for Economic and Social Development (AFESD) is a Kuwait-based pan-Arab development finance institution. All member-states of the Arab League are members of the AFESD. As of 2003, it held around US$7.3 billion in assets. The AFESD was established by agreement of the Economic and Social Council of the Arab League. Its first meeting was held on 6 February 1972. The current Chairman is Abdulatif Y Al-Hamad. Former Chairman is Mohammed Al Emadi. Founding Chairman is Saeb N. Jaroudi.
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"AFESD." Abbreviations.com. STANDS4 LLC, 2024. Web. 21 May 2024. <https://www.abbreviations.com/term/1616921>.
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