African Development Bank

E30807

The African Development Bank is a multilateral development finance institution that promotes economic growth and social progress across African countries through loans, grants, and policy support.

Aliases (2)

Statements (52)
Predicate Object
instanceOf international financial institution
multilateral development bank
cooperatesWith African Union
International Monetary Fund
World Bank
currencyOfOperations UA (Unit of Account)
focusArea climate change adaptation
climate change mitigation
inclusive growth
poverty reduction
sustainable development
founded 1964
foundingAgreementSigned 1963
governingBody Board of Directors
Board of Governors
hasNonRegionalMemberCountries countries outside Africa
hasRegionalMemberCountries African Union member states
hasSisterInstitution African Development Fund
Nigeria Trust Fund
headquartersLocation Abidjan, Côte d’Ivoire
leaderTitle President of the African Development Bank
mandate promote economic growth in African countries
promote social progress in African countries
membershipType regional and non-regional member countries
officialLanguage Arabic
English
French
Portuguese
parentOrganization African Development Bank Group
partOf African Development Bank Group
primaryInstrument equity investments
grants
guarantees
non-sovereign loans
sovereign loans
technical assistance
provides policy advice
regionServed Africa
resumedHeadquartersInAbidjan 2014
sectorFocus agriculture
energy
governance
human development
infrastructure
private sector development
regional integration
transport
water and sanitation
shortName ADB
AfDB
temporaryHeadquartersLocation Tunis, Tunisia
website https://www.afdb.org


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