AfDB
The African Development Bank is a multilateral development finance institution established to promote economic and social development across Africa. Headquartered in Abidjan, Côte d'Ivoire, the bank was founded in 1964 and began operations in 1966. It comprises 54 African member countries and 27 non-African shareholders from the Americas, Asia and Europe. The bank's mandate encompasses financing development projects, providing policy advice and technical assistance to regional member countries. Its core activities include infrastructure development, private sector growth, regional integration, governance improvement and support for fragile states. The African Development Bank operates through three main entities: the African Development Bank itself, which lends to middle-income and creditworthy low-income countries; the African Development Fund, which provides concessional financing to low-income countries; and the Nigeria Trust Fund. The institution plays a significant role in mobilising resources for Africa's development, with lending priorities including energy, transport, water and sanitation, agriculture and food security. It also coordinates responses to regional challenges such as climate change, health crises and job creation. The bank's High 5 strategic priorities focus on lighting up and powering Africa, feeding Africa, industrialising Africa, integrating Africa and improving the quality of life for Africans. As one of Africa's premier development finance institutions, it works alongside the World Bank, regional economic communities and bilateral donors to advance the continent's economic transformation.
AfDB Updates
Africa Economic Brief - Unpacking Nigeria’s 2010-2024 Inflation Dynamics and Policy Implications - Volume 17 | Issue 1
2nd June 2026 Inflation has remained persistently high in Nigeria. It rose from 7–8% in the mid-2010s to a peak of 35% in 2024 following major policy shocks,... →
Former AfDB president Adesina appointed Diamonds for Development Fund chairperson
By: Creamer Media Reporter 29th May 2026 The Botswana government and De Beers have announced the appointment of former African Development Bank (AfDB) president Dr Akinwumi Adesina as... →
AfDB expects Africa's economic growth to slow to 4.2% due to the Middle East crisis
By: Reuters 26th May 2026 Africa's economic growth is expected to slow slightly to 4.2% this year from 4.4% last year, the African Development Bank said, as Middle East... →
AfDB meets under Ebola's cloud as Africa hunts for development cash at home
By: Reuters 25th May 2026 African leaders and financiers gathered for the African Development Bank's annual meeting on Monday as the continent faces shrinking aid flows,... →
Eskom in early talks with World Bank, other funders for nuclear expansion
By: Reuters 20th May 2026 South Africa's state power utility Eskom is in exploratory talks with the World Bank over funding for a multibillion-dollar nuclear programme that... →
Outcomes-based bonds as Africa's most powerful tool for solving the water crisis
18th May 2026 Across the African continent, water infrastructure is under increasing strain. The compounding pressures of accelerating urbanisation, decaying... →
Infrastructure Financing Trends in Africa 2021-2023
15th May 2026 Infrastructure Financing Trends in Africa – 2021-2023 is the Infrastructure Consortium for Africa’s (ICA’s) annual report on how financial... →
African leaders push for risk pricing rethink, fresh investment at France Africa summit
By: Reuters 11th May 2026 African leaders will use a two‑day summit in Nairobi with French President Emmanuel Macron to make a fresh push on rethinking how to price risk on... →
As costs drop, hydrogen energy sovereignty is being grasped 
By: Martin Creamer 5th May 2026 Following South Africa’s Northam Platinum reporting earlier this year that thousands of hydrogen-powered trucks are doing the rounds in China,... →
 |
 |
1 |
 |
 |
