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afdb.org Finance Development African Economy Multilateral Institution

African Development Bank Group | Making a Difference

Making a Difference

The African Development Bank Group (AfDB) is a multilateral development finance institution established to contribute to the economic development and social progress of African countries. The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund, and the Nigeria Trust Fund. Its mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region.

Unique Visits

90K

3000 / day

Total Views

150K

5000 / day

Visit Duration, avg.

5.5 min

3.5 pages per visit

Bounce Rate

45%

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Founded in

1964

Supported Languages

English, etc

Website Key Features

Project Financing

Provides loans, equity, and guarantees to its regional member countries for development projects and programs.

Policy Advice

Offers policy advice and technical assistance to support development efforts and economic reforms in African countries.

Research and Analysis

Conducts research and analysis on economic, financial, and development issues to inform policy and investment decisions.

Capacity Building

Supports capacity building initiatives to strengthen institutions and human resources in African countries.

Private Sector Development

Promotes private sector development as a key driver of economic growth and poverty reduction in Africa.

Sustainable Development

Focuses on sustainable development projects that address environmental, social, and governance (ESG) issues.

Gender Equality

Integrates gender equality considerations into its operations to ensure that women and men benefit equally from development initiatives.

Regional Integration

Supports regional integration efforts to enhance economic cooperation and trade among African countries.

Climate Change

Addresses climate change challenges by financing projects that promote climate resilience and low-carbon development.

Innovation and Technology

Encourages the adoption of innovation and technology to drive economic transformation and competitiveness in Africa.

Additional information

Headquarters

Abidjan, Côte d'Ivoire

Membership

80 member countries, including 54 African countries (regional members) and 26 non-African countries (non-regional members)

President

Dr. Akinwumi A. Adesina

Total Assets

As of the latest reports, the AfDB's total assets are valued at over $208 billion USD.

Key Sectors

Agriculture, Energy, Education, Health, Transport, Water Supply and Sanitation, among others.

Strategic Goals

To achieve inclusive growth, transition to green growth, and improve the quality of life for the people of Africa.

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