African Development Bank Overview

  • Service
  • Commercial Bank

  • Year Founded
  • 1964

Year Founded

  • Financed Companies
  • 41

  • Financings
  • 50

African Development Bank General Information


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

Year Founded
Service Provider Type
Commercial Bank
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
Infrastructure Credit Guarantee Company Jun 2024 00000 0000000
Indorama Eleme Fertilizer & Chemicals Mar 2024 00000 0000000
Banque Ouest Africaine de Développement Dec 2023 00000 0000000
Infrastructure Credit Guarantee Company May 2023 00000 0000000
AMEA Power Jan 2023 00000 0000000
AMEA Power Jan 2023 00000 0000000
Hidroeléctrica de Cahora Bassa Dec 2022 00000 0000000
Solarise Africa Nov 2022 00000 0000000
Easy Solar Apr 2022 00000 0000000
Biovac (Africa) Mar 2022 00000 0000000
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African Development Bank Co-Lenders (69)

Lender Lender Type Lender Location Total Shared Financings Last Shared Financing
ABSA Bank (South African Custody Business) Lender Johannesburg, South Africa 3 00000
Access Bank Commercial Bank Lagos, Nigeria 0 00000
Afreximbank Investment Bank Cairo, Egypt 0 00000
Africa Finance Merchant Bank Lagos, Nigeria 0
AlphaMundi Lender Geneva, Switzerland 0 0000
Atradius Dutch State Business Lender Amsterdam, Netherlands 0 00.000
Bangkok Bank Commercial Bank Bangkok, Thailand 0 00.000
Bank of Baroda Commercial Bank Baroda, India 0 000
Bank of India Commercial Bank Mumbai, India 1 00000
Belgian Investment Company for Developing Countries Lender Brussels, Belgium 3 0000
You’re viewing 10 of 69 co-lenders. Get the full list »

African Development Bank Investment Preferences

Preferred Industries Preferred Verticals Preferred Deal Types Geographic Preferences Transaction Amount

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African Development Bank Team (39)

Name Title Related Financings Office Contact
Akinwumi Adesina Ph.D President 0 Abidjan, Ivory Coast
Yacine Fal President Abidjan, Ivory Coast
Hassatou N'Sele Chief Financial Officer & Vice President, Finance Tunis, Tunisia
Arun Kumar Principal Investment Officer Abidjan, Ivory Coast
Sofiane Sekioua Ph.D Chief Investment Officer, Financial Sector Development Department Abidjan, Ivory Coast
You’re viewing 5 of 39 team members. Get the full list »

African Development Bank Board Members (1)

Name Representing Role Since
Akinwumi Adesina Ph.D African Development Bank President 000 0000
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African Development Bank FAQs

  • When was African Development Bank founded?

    African Development Bank was founded in 1964.

  • Where is African Development Bank headquartered?

    African Development Bank is headquartered in Abidjan, Ivory Coast.

  • 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 Eden Care, Pecan Energies, and Aker Energy.

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