African Development Bank Overview

  • Service
  • Commercial Bank

  • Founded
  • 1964

  • Financed Companies
  • 35

  • Financings
  • 42

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
Primary Office
  • Avenue Joseph Anoma
  • Abidjan, 01 BP 1387
  • Ivory Coast

African Development Bank Financings

Company Name Financing Date Debt/Deal Date Debt/Deal Amount
Hidroeléctrica de Cahora Bassa Dec 2022 00000 0000000
00000000 000000 Nov 2022 00000 0000000
0000 00000 Apr 2022 00000 0000000
0000000000 Feb 2021 00000 0000000
000000 0000000 000 Jan 2021 00000 0000000
00000 0000 00000 Jun 2020 00000 0000000
000 000 00000 Mar 2020 00000 0000000
0000000000 000 000 Nov 2019 00000 0000000
Emirates Global Aluminium May 2019 00000 0000000
Infrastructure Credit Guarantee Company Apr 2019 00000 0000000
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African Development Bank Co-Lenders (61)

Lender Lender Type Lender Location Total Shared Financings Last Shared Financing
ABSA Bank (South African Custody Business) Lender Johannesburg, South Africa 3 00000
000000 0000 Commercial Bank Lagos, Nigeria 0 00000
00000000000 Investment Bank Cairo, Egypt 0 00000
0000000000 Lender Genève, Switzerland 0 0000
00000000 00000 000 Lender Amsterdam, Netherlands 0 00.000
0000000 0000 Commercial Bank Bangkok, Thailand 0 000
0000 00 000000 Commercial Bank Baroda, India 0 000
0000 00 00000 Commercial Bank Mumbai, India 0 00000
Belgian Investment Company for Developing Countries Lender Brussels, Belgium 3 0000
BNP Paribas Commercial Bank Paris, France 1 00.000
You’re viewing 10 of 61 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 (30)

Name Title Related Financings Office Contact
Akinwumi Adesina Ph.D President 0 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
Eren Kelekci Chief Investment Officer, Sustainable Finance, Natural Capital and Impact Investing Abidjan, Ivory Coast
You’re viewing 5 of 30 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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