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.
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Provides loans, equity, and guarantees to its regional member countries for development projects and programs.
Offers policy advice and technical assistance to support development efforts and economic reforms in African countries.
Conducts research and analysis on economic, financial, and development issues to inform policy and investment decisions.
Supports capacity building initiatives to strengthen institutions and human resources in African countries.
Promotes private sector development as a key driver of economic growth and poverty reduction in Africa.
Focuses on sustainable development projects that address environmental, social, and governance (ESG) issues.
Integrates gender equality considerations into its operations to ensure that women and men benefit equally from development initiatives.
Supports regional integration efforts to enhance economic cooperation and trade among African countries.
Addresses climate change challenges by financing projects that promote climate resilience and low-carbon development.
Encourages the adoption of innovation and technology to drive economic transformation and competitiveness in Africa.
Abidjan, Côte d'Ivoire
80 member countries, including 54 African countries (regional members) and 26 non-African countries (non-regional members)
Dr. Akinwumi A. Adesina
As of the latest reports, the AfDB's total assets are valued at over $208 billion USD.
Agriculture, Energy, Education, Health, Transport, Water Supply and Sanitation, among others.
To achieve inclusive growth, transition to green growth, and improve the quality of life for the people of Africa.
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