African Development Bank - aVenture Asset Manager Research
African Development Bank
Operating Status: Operating
AfDB: A leading finance provider for African governments and private firms, fostering regional development.
Location
Abidjan, Abidjan Autonomous District, CI
Founded
1964
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