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African Development Bank

Government fund

Abidjan · Growth · 1 people tracked

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Investment thesis

The African Development Bank Group aims to spur sustainable economic development and social progress across Africa, reducing poverty and fostering inclusive, integrated growth. It mobilises resources and delivers financing plus technical expertise to both governments (sovereign operations) and the private sector (non-sovereign operations, without government guarantee). Investment spans energy, agriculture, transport and infrastructure, water and sanitation, health and education, finance and private sector development, and industrialisation and trade, with cross-cutting attention to climate and green growth, gender equality and governance. Its Ten-Year Strategy (2024-2033) and the NAFAD initiative seek to strengthen Africa's financial sovereignty and close the continent's development financing gap.

Source: firm website, verified Aug 3, 2026.

Stage
Growth
HQ
Abidjan, CI
Instruments
Debt · Grants
Founded
1964

Team · 1 people

from the firm's website

Founder mafia

4 people who came through African Development Bank went on to found or lead other companies.

Frequently asked questions

What stage does African Development Bank invest at?
African Development Bank invests at the Growth stage.
What sectors does African Development Bank focus on?
African Development Bank focuses on AgTech, Circular Economy, Climate Tech, Energy, Fintech, Impact & Social Good, Sector Agnostic.
Where is African Development Bank located?
African Development Bank is headquartered in Abidjan, CI.

Media · Podcasts & interviews

featuring the team

Mauritania's Sidi Ould Tah elected new African Development Bank president • FRANCE 24 English

FRANCE 24 English · Sidi Ould Tah

Statement by Sidi Ould Tah, President-elect of the African Development Bank (Social Media)

Sidi Ould Tah · vimeo.com

Séminaire sur les Perspectives économiques de l'Afrique 2026 à l'intention des publics asiatiques

AfDBGroup

Seminar on African Economic Outlook 2026 for Asian Audiences

AfDBGroup

PFMA & MEMA Graduation Ceremony 2026 (French Channel)

AfDBGroup

PFMA & MEMA Graduation Ceremony 2026 (English Channel)

AfDBGroup

Images

African Development Bank photoAfrican Development Bank photoAfrican Development Bank photo

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