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African Development Bank
AddedFeb 20, 2024
UpdatedJul 16, 2026
African Development Bank

African Development Bank

Operating

AfDB: A leading finance provider for African governments and private firms, fostering regional development.

Location
Abidjan, Abidjan Autonomous District, CI
Founded
1964
Firm
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Portfolio
Fundraising
Employees
News

The African Development Bank (AfDB) is a multilateral development finance institution headquartered in Abidjan, Ivory Coast. It focuses on providing financial support to African governments and private companies investing in regional member countries (RMC). AfDB typically engages in debt financing and post-IPO debt rounds, aiming to foster regional development through strategic investments.

Notable portfolio companies include Ecobank, Ecowas Bank for Investment and Development (Ebid), and Emerging Africa Infrastructure Fund. Under the leadership of President Akinwumi Adesina, AfDB emphasizes sustainable development and economic growth across Africa. The institution offers unique value-add services such as technical assistance, policy advice, and capacity building to ensure the success and impact of its investments.

African Development Bank - Portfolio Snapshot

Portfolio activity breakdown across disclosed investments and stages

Total Investments3
Current Portfolio Count2
Total Portfolio Exits0

Top Investment Stages

Post Ipo Debt2 (66.7%)
Debt Financing1 (33.3%)

Stage Mix

Post Ipo Debt 67%Debt Financing 33%

Concentration shown as share of disclosed investments by stage.

Recent Investments

Ecobank logo

Ecobank

Emerging Africa Infrastructure Fund logo

Emerging Africa Infrastructure Fund

African Development Bank - Classification

NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522100Depository Credit Intermediation
  • 522110Commercial Banking
SIC
  • 6000Depository Institutions
  • 6020Commercial Banks
Show 9 more industry codes
NAICS
  • 928000National Security and International Affairs
  • 928120International Affairs
  • 920000Public Administration
  • 928100National Security and International Affairs
SIC
  • 8800Private households
  • 9100Executive, Legislative, And General Government, Except Finance
  • 9700National Security And International Affairs
  • 9720International Affairs
  • 9721International Affairs