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organizationMultilateral Development FinanceCôte d’Ivoire

African Development Bank

The leading pan-African multilateral development finance institution.

African Development Bank Group Overview

Founded in 1964, the African Development Bank Group (AfDB) is a multilateral development finance institution dedicated to the economic development and social progress of its regional member countries. Headquartered in Abidjan, Côte d’Ivoire, the Group consists of the African Development Bank, the African Development Fund, and the Nigeria Trust Fund. It is composed of 81 member countries, including 54 regional African members and 27 non-regional members.

The institution operates under a vision of a prosperous, inclusive, resilient, and integrated Africa, guided by its "High 5" operational priorities: lighting up and powering Africa, feeding Africa, industrializing Africa, integrating Africa, and improving the quality of life for the people of Africa. To achieve these goals, the Bank provides loans, grants, guarantees, equity investments, and technical assistance to both public and private sector borrowers, with a focus on climate resilience, gender equality, and fragility-sensitive programming.

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