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The African Development Bank Group is a regional multilateral development finance institution established to contribute to the economic development and social progress of African countries that are the institution's Regional Member Countries.
African Development Bank Group (African Development Bank, African Development Fund, Nigeria Trust Fund) The African Development Bank uses a Unit of Account which is registered as ISO 4217, whose standard currency code is XUA.
Mission and Strategy. The Bank Group 10-Year Strategy of the African Development Bank Group 2024-2033 rests on a foundation of optimism about Africa’s potential to transform societies, economies, and the lives of the people of the continent for the better.
OVERVIEW OF THE AFRICAN DEVELOPMENT BANK GROUP – IN BRIEF Founded 1964 Constituent Institutions The African Development Bank (AfDB) The African Development Fund (ADF) The Nigeria Trust Fund (NTF) Shareholders 54 African countries (regional member countries) 27 non-African countries (non-regional member countries) Mission To promote ...
The African Development Bank Group unveiled its new Ten-Year Strategy 2024–2033 today, a blueprint to confront Africa’s pressing challenges and to help put the continent firmly back on track towards sustained economic growth and prosperity.
African Development Bank Group Report 2023: Africa remains resilient to new shocks, but progress and financing must be accelerated. The Bank proved agile and responsive to Africa’s needs by making transformative investments in the High 5s totalling $8.2 billion in 2022.
Nov 27, 2023 · African Development Bank in 2023: A Comprehensive Journey in Climate Action “Nexus conflict and sustainability: An African perspective” Economic Growth, Human and Social Development
Feb 18, 2024 · About the African Development Bank Group: The African Development Bank Group (AfDB) is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF).
Jun 16, 2023 · The African Development Bank Group (www.AfDB.org) has released its 2022 Annual Report. The report shows solid performance over the year, recording a significant increase in lending to the Bank Group’s regional member countries in the face of a challenging global environment for Africa.
Digital Future for Africa: African Development Bank and Intel to Train Millions in AI. African Development Bank Annual Meetings 2024: Experts call for a new financial mechanism to mitigate foreign exchange risk in energy financing.
