African Development Bank

African Development Bank

The African Development Bank Group is a development bank established in 1964 with the intention of promoting economic and social development in Africa. The Group comprises the African Development Bank , the African Development Fund , and the Nigeria Trust Fund . AfDB provides loans and grants to African governments and private companies investing in the regional member countries in Africa. It is owned and funded by member governments, and has a public-interest mandate to reduce poverty and promote sustainable development. Its headquarters is in Abidjan, Côte d'Ivoire. Following the end...
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quick facts
Founded:August 4, 1963

Current African Development Bank board members

Donald Kaberuka
Donald Kaberuka

Donald Kaberuka is a Rwandan economist and the current president of the African Development Bank. Kaberuka was born in Byumba, Rwanda. He was...
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Divisions of African Development Bank

Division Name
Nigeria Trust Fund
African Development Fund
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African Development Bank
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