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Jun 25, 2024 · 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.
The African Development Bank is the Group's parent organization. The Agreement establishing the African Development Bank was adopted and opened for signature at the Khartoum, Sudan, conference on This agreement entered into force on September 10, 1964.
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The AfDB comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund.
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.
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.
May 2, 2024 · Map Africa is an interactive platform that showcases the impact of the African Development Bank's projects across the continent. Explore the map and learn about the Bank's interventions in various sectors and countries.
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.
The theme for the meetings, which comprise the 59th Annual Assembly of the African Development Bank and the 50th meeting of the African Development Fund is Africa’s Transformation, African Development Bank Group, and Reform of the Global Financial Architecture.
