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May 17, 2024 · Africa’s Macroeconomic Performance and Outlook. 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 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).
As of 31 December 2023, the African Development Bank's authorized capital is subscribed to by 81 member countriesmade up of 54 independent African countries (regional members) and 27 non-African countries (non-regional members). The institution’s resources come from ordinary and special resources. Ordinary resources comprise:
May 25, 2023 · 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. 25-May-2023.
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.
Mission & Strategy. Frequently asked questions. Overview. Jobs. Organisational Structure. Corporate Procurement. Countries ». North Africa. Algeria.
Feb 18, 2024 · Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group said in its latest Macroeconomic Performance and Outlook (MEO) of the continent released on Friday.
