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3 days ago · Learn about the mission, strategy, projects and operations of the African Development Bank Group, a regional multilateral development finance institution. Find out the latest news, events, publications and data on Africa's economic and social development.
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The African Development Bank Group (AfDB) or Banque Africaine de Développement (BAD) is a multilateral development finance institution headquartered in Abidjan, Ivory Coast, since September 2014. The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC).
- September 10, 1964
- Akinwumi Adesina
- 81 countries
Learn about the African Development Bank (AfDB), the parent organization of the African Development Bank Group. Find out its role, membership, resources, and history since 1963.
The report assesses the Bank's contributions to the continent's development and wellbeing in 2022, amid multiple shocks and challenges. It also outlines the Bank's priorities and strategies for 2023 and beyond, to enhance Africa's resilience and accelerate progress towards the SDGs.
Learn about the history, structure, and goals of the African Development Bank Group, which comprises the African Development Bank, the African Development Fund, and the Nigeria Trust Fund. The Group aims to promote sustainable economic growth and reduce poverty in Africa through various operations and funds.
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Jun 16, 2023 · The report shows the Bank Group's strong performance and commitment to African countries amid global shocks and challenges. It covers lending, gender, fragility, health, climate, and concessional financing in 2022.
Feb 18, 2024 · The report forecasts stronger growth for Africa in 2024, outpacing global average, and ranks the continent as the second-fastest-growing region after Asia. It also highlights the challenges and opportunities for Africa's economic diversification, fiscal consolidation, and integration.