The MDTF of CORAF/WECARD signed-up on 22nd July, 2011, between the World Bank and CORAF/WECARD, became effective on 30th September, 2011. Training on the World Bank Procedures and on the Financial Management System, was organised For the Attention Of the Executive Secretariat staff. The official launch of the MDTF for CORAF/WECARD assembled representatives of the major donors and the World Bank at a ceremony organised on 14th October, 2011, at the CORAF/WECARD Executive Secretariat, in Dakar, Senegal. It enabled the presentation of stakeholders and partners of CORAF/WECARD; the new operational funding mechanism. Thus far, the donors involved in the MDTF are: the EU (11,475,000 Euros) and the DFATD (10 million Canadian Dollars) which support CORAF/WECARD over a period of five years.