drafting an energy policy and developing its contribution to the G8-mandated Clean Energy Investment Framework. Although there is no official statement or consensus to this effect, AfDB lending for agriculture, (non-infrastructure) rural development and social sectors, such as health and education, is reportedly likely to decrease over the coming years. In 2010, the African Development Institute became the focal point of the African Development Bank Group for capacity-building. The institute had been established in 1973 to enhance the effectiveness of the AfDB's funded operations. Its mandate was reoriented in 1992 and it was restructured in 2001. In response to the global coronavirus pandemic, the AfDB has increasingly focused on selling social bonds as a means to raise funds for poor countries to deal with the pandemic. Since the pandemic, it has issued four bonds, for a total of seven since 2017. In 2020, the AfDB created the Africa Digital Financial Inclusion facility to ensure that 332 million more Africans have access to the formal economy by 2030. The past decade saw great strides in financial inclusion, with a growth of adult access to formal financial accounts from 51% in 2011 to 69% in 2017. Prospects The AfDB's financial standing has been restored from the near collapse of 1995, but its operational credibility remains a work-in-progress. A working group convened by the Center for Global Development, an independent Washington think tank, released a report in September 2006 that offered six recommendations for Bank's president and board of directors on broad principles to guide the Bank's renewal. The report contains six recommendations for management and shareholders as they address the urgent task of reforming Africa's development bank. Prominent among the recommendations is a strong focus on infrastructure. While the AfDB's lending had not expanded significantly in recent years, 2006 figures indicate that things may be changing. Between 2005 and 2006, the AfDB's lending activities increased by more than 30 percent to $3.4 billion. Over the same period, private sector operations doubled in value. The AfDB has specific mandates from the New Partnership for Africa's Development (NEPAD) and other international organizations to take the lead amongst financial and development institutions in areas such as infrastructure, regional integration, and banking and financial standards in Africa. These mandates have also increased the AfDB's profile in the media. The increased international emphasis on Africa's development needs in recent years (for example, surrounding the 2005 Gleneagles G8