African Development Bank Group
A regional multilateral development finance institution founded in 1964, headquartered in Abidjan, financing economic development and poverty reduction across Africa through three constituent institutions.
The African Development Bank Group is a regional multilateral development finance institution established in 1964 to promote economic development and social progress across Africa, reduce poverty, improve living conditions and mobilise resources for the continent. Headquartered in Abidjan, Côte d'Ivoire, it operates across Africa through financing, expertise and operational programmes delivered to its regional member countries.
The Group comprises three constituent institutions: the African Development Bank, its parent organisation, which provides financing, expertise and operational programmes to regional member countries; the African Development Fund; and the Nigeria Trust Fund, both of which support regional member countries through development financing.
Its work spans projects and operations, financial products, procurement, research, statistics and knowledge sharing. The institution places emphasis on institutional reforms aimed at strengthening development effectiveness and improving the quality of operations, alongside capacity building and learning and knowledge initiatives undertaken with regional member countries.
Industry verticals include development finance, economic development, and social progress and poverty reduction. Further information is available at https://www.afdb.org/.