AFRICAN DEVELOPMENT BANK

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African Development Bank operates as a multilateral development finance institution in Africa. It finances development projects and programs in cooperation with other national and international development institutions; offers technical assistance in the selection, study, and preparation of projects; and promotes investments of public and private capital in projects and programs designed to contribute to the economic and social progress of the regional member states. The company also prov... ides sovereign-guaranteed loans for the public sector and non-sovereign-guaranteed loans for the public and private sectors; lines of credit for trade finance; agency lines; guarantees such as partial credit and risk guarantees; equity and quasi-equity trade finance; and risk management products comprising interest rate swaps, currency swaps, commodity swaps, interest rate caps, and collars. In addition, it offers trade finance services consisting of risk participation agreements, trade finance lines of credit, and soft commodity finance facilities as well as technical assistance. African Development Bank was founded in 1964 and is headquartered in Abidjan, Ivory Coast.

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AFRICAN DEVELOPMENT BANK

Social Links:

Industry:
Banking Finance Financial Services

Founded:
1964-09-10

Status:
Active

Contact:
+225 2026 3900

Total Funding:
71.5 M USD

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Current Advisors List

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Yemi Osinbajo Ethics Adviser to the Board of the Africa Development Bank (ADB) @ African Development Bank
Advisor

Current Employees Featured

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Pierre Guislain
Pierre Guislain Vice-President, Private Sector, Infrastructure and Industrialization @ African Development Bank
Vice-President, Private Sector, Infrastructure and Industrialization

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Nicholas Williams
Nicholas Williams Head, ICT Division @ African Development Bank
Head, ICT Division

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Djibril Kone
Djibril Kone PMO @ African Development Bank
PMO
2018-09-01

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Solomon Asamoah
Solomon Asamoah Vice President Infrastructure, Private Sector and Regional Integration @ African Development Bank
Vice President Infrastructure, Private Sector and Regional Integration

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Racquel Micenheimer Wilson
Racquel Micenheimer Wilson Consultant, Communication and External Relations Department @ African Development Bank
Consultant, Communication and External Relations Department
2022-04-01

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Akinwumi Ayodeji Adesina
Akinwumi Ayodeji Adesina President & CEO @ African Development Bank
President & CEO
2015-05-28

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Dr. Beth Dunford
Dr. Beth Dunford Vice President, Agriculture, Human and Social Development @ African Development Bank
Vice President, Agriculture, Human and Social Development
2021-01-01

Investors List

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Women Entrepreneurs Finance Initiative

Women Entrepreneurs Finance Initiative investment in Grant - African Development Bank

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UN Women Care Accelerator

UN Women Care Accelerator investment in Funding Round - African Development Bank

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Green Climate Fund

Green Climate Fund investment in Debt Financing - African Development Bank

Investments List

Date Company Article Money raised
2022-07-18 ETG African Development Bank investment in Grant - ETG 1.4 M USD
2022-02-28 Kouncel African Development Bank investment in Pre Seed Round - Kouncel 1.2 M EUR
2021-12-17 West African Development Bank (BOAD) African Development Bank investment in Venture Round - West African Development Bank (BOAD) 24 M EUR
2021-12-17 SmartAfrica African Development Bank investment in Grant - SmartAfrica 1.5 M USD
2021-12-17 West African Development Bank (BOAD) African Development Bank investment in Debt Financing - West African Development Bank (BOAD) 70 M EUR
2021-12-03 Ecobank African Development Bank investment in Post-IPO Debt - Ecobank 35 M USD
2021-09-23 NSIA Bank African Development Bank investment in Post-IPO Debt - NSIA Bank 50 M USD
2021-04-23 ACWA Power African Development Bank investment in Debt Financing - ACWA Power 114 M USD
2021-03-11 EthSwitch African Development Bank investment in Grant - EthSwitch 2.33 M USD
2021-02-17 SunCulture African Development Bank investment in Debt Financing - SunCulture 11 M USD

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