News & Press

African Development Bank

The African Development Bank Group comprises three legally independent entities that share a common goal: the African Development Bank, the African Development Fund and the Nigeria Trust Fund. It has 80 shareholders, including 54 African and 26 non-African States. In 2015, President Akinwumi Adesina defined five strategic priorities for the Group: Light up and power Africa; Feed Africa; Industrialise Africa; Integrate Africa; and Improve the quality of life for the people of Africa. This financial institution fights against poverty and promotes sustainable economic growth. At the end of 2017, the Group had approved a cumulative total of US$145.55 billion for the benefit of 5,528 investments in projects.

afdb.org

Share :