AFRICAN DEVELOPMENT BANK
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.
AFRICAN DEVELOPMENT BANK
Industry:
Banking Finance Financial Services
Founded:
1964-09-10
Status:
Active
Contact:
+225 2026 3900
Total Funding:
71.5 M USD
Technology used in webpage:
Google Font API Apple Mobile Web Clips Icon Google Tag Manager WordPress Content Delivery Network Domain Not Resolving Wordpress Plugins Global Site Tag Mobile Non Scaleable Content Yoast WordPress SEO Plugin
Similar Organizations
Level One Bank
Level One Bank is a bank that offers banking products & services in Michigan.
Current Advisors List
Current Employees Featured
Investors List
Women Entrepreneurs Finance Initiative
Women Entrepreneurs Finance Initiative investment in Grant - African Development Bank
UN Women Care Accelerator
UN Women Care Accelerator investment in Funding Round - African Development Bank
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 |
Key Employee Changes
Date | New article |
---|---|
2022-06-23 | African Development Bank Appoints Simon Mizrahi as Acting Vice President, Technology and Corporate Services Complex |