African Development Bank Overview
- Service
-
Commercial Bank
- Year Founded
-
1964
- Financed Companies
-
49
- Financings
-
61
African Development Bank General Information
Description
The African Development Bank is a commercial bank and an economic development agency founded in 1964 and based in Abidjan, Ivory Coast. The bank is a multilateral development financial institution, comprising of three distinct entities namely the African Development Bank, the parent institution, and two affiliates, the African Development Fund and the Nigerian Trust Fund. The overall objective of the African Development Bank Group is to support the economic development and social progress of African countries individually and collectively, by promoting the investment of public and private capital in projects and programs designed to reduce poverty and improve living conditions. The bank is managed and administered by the board of governors. The bank provides debt financing facilities such as loans to small and medium-sized companies. The bank caters to industries such as transportation, agriculture, climate change, gender, economic and financial governance, education, energy & power, environment, human capital development, health, private sector, and many others.
Contact Information
Website
www.afdb.orgYear Founded
Corporate Office
- Avenue Joseph Anoma
- Abidjan, 01 BP 1387
- Ivory Coast
African Development Bank Financings
| Company Name | Financing Date | Debt/Deal Date | Debt/Deal Amount |
|---|---|---|---|
| Axian Telecom | Jan 2025 | ||
| Hassan Allam Holding | Jan 2025 | ||
| VaxSen | Dec 2024 | ||
| Export Trading Group | Nov 2024 | ||
| Infrastructure Credit Guarantee Company | Jun 2024 | ||
| Indorama Eleme Fertilizer & Chemicals | Mar 2024 | ||
| OCP Group | Feb 2024 | ||
| OCP Group | Feb 2024 | ||
| Africa Finance | Dec 2023 | ||
| Banque Ouest Africaine de Développement | Dec 2023 |
African Development Bank Co-Lenders (79)
| Lender | Lender Type | Lender Location | Total Shared Financings | Last Shared Financing |
|---|---|---|---|---|
| ABSA Bank (South African Custody Business) | Lender | Johannesburg, South Africa | 3 | |
| Access Bank | Commercial Bank | Lagos, Nigeria | ||
| Afreximbank | Investment Bank | Cairo, Egypt | ||
| Africa Finance | Financing Advisory | Lagos, Nigeria | ||
| AGRI3 Fund | Lender | Amsterdam, Netherlands | ||
| AlphaMundi | Lender | Geneva, Switzerland | ||
| Arab Bank | Commercial Bank | Amman, Jordan | ||
| Atradius Dutch State Business | Lender | Amsterdam, Netherlands | ||
| Bangkok Bank | Commercial Bank | Bangkok, Thailand | 2 | |
| Bank of Baroda | Commercial Bank | Vadodara, India | 1 |
African Development Bank Investment Preferences
| Preferred Industries | Preferred Verticals | Preferred Deal Types | Geographic Preferences | Transaction Amount |
|---|
African Development Bank Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Sustainable Energy Fund for Africa | Abidjan, Ivory Coast | 2011 |
African Development Bank FAQs
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When was African Development Bank founded?
African Development Bank was founded in 1964.
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Where is African Development Bank headquartered?
African Development Bank is headquartered in Abidjan, Ivory Coast.
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What service provider type is African Development Bank?
African Development Bank's service provider type is Commercial Bank.
-
What companies has African Development Bank invested in or acquired?
African Development Bank has invested in or acquired companies like Africa Finance, Dhamana Guarantee Company, and Eden Care.
-
What are African Development Bank subsidiaries?
Sustainable Energy Fund for Africa is a subsidiary of African Development Bank.
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