African Development Bank

African Development Bank

Operates as a multilateral development finance institution in Africa. Learn more

Launch date
Employees
Wroclaw Lower Silesian Voivodeship (HQ)
Notable known LPs: Aon
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DateInvestorsAmountRound
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ZAR200m

Debt
Total Funding-

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The African Development Bank (AfDB) Group’s mission is to help reduce poverty, improve living conditions for Africans and mobilize resources for the continent’s economic and social development. With this objective in mind, the institution aims at assisting African countries – individually and collectively - in their efforts to achieve sustainable economic development and social progress. Combating poverty is at the heart of the continent’s efforts to attain sustainable economic growth. To this end, the Bank seeks to stimulate and mobilize internal and external resources to promote investments as well as provide its regional member countries with technical and financial assistance.