African Development Bank

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1963 Founded
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12,000+ Employees
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Unknown Revenue
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$200 and More Avg. Salary

About Company

The African Development Bank (AfDB) is a multilateral development finance institution established in 1963 to foster economic development and social progress across Africa. Headquartered in Abidjan, Côte d’Ivoire, the AfDB is part of the African Development Bank Group, which also includes the African Development Fund (ADF) and the Nigeria Trust Fund (NTF).

Mission and Structure

The AfDB’s mission is to promote sustainable economic growth and reduce poverty in Africa by mobilizing and allocating resources for investment in regional member countries (RMCs). It comprises 81 member countries, including 54 African nations and 27 non-African countries. The Bank’s governance includes a Board of Governors and a Board of Executive Directors, with voting power distributed based on member contributions.

As of December 31, 2022, the AfDB’s authorized capital stood at UA 180.64 billion, with subscribed capital of UA 148.77 billion and paid-up capital of UA 9.97 billion.

Key Initiatives

The AfDB focuses on several strategic priorities, known as the “High 5s”:

  • Light up and power Africa

  • Feed Africa

  • Industrialize Africa

  • Integrate Africa

  • Improve the quality of life for the people of Africa

These priorities guide the Bank’s investments in infrastructure, agriculture, energy, education, and health sectors.

Contact Information

For inquiries or further information, you can contact the African Development Bank at:

Headquarters Address:
African Development Bank Group
Avenue Joseph Anoma
01 BP 1387 Abidjan 01
Côte d’Ivoire

Phone: +225 27 20 26 39 00

Some operations are also located at:

Immeuble du Centre de commerce International d’Abidjan (CCIA)
Avenue Jean-Paul II
01 BP 1387 Abidjan 01
Côte d’Ivoire

Sanctions Office Contact:
CCIA Building, 12th Floor
12 Avenue Jean-Paul II
01 BP 1387 Abidjan 01
Côte d’Ivoire
Phone: +225 27 20 26 52 47 / +225 27 20 26 24 76
Mobile: +225 05 75 75 03 76

For more details, you can visit the AfDB’s official website: https://www.afdb.org/en

📍 Kenya Country Office – Nairobi

Address:
Khushee Tower
Longonot Road, Upper Hill
P.O. Box 4861-00200
Nairobi, Kenya

Phone:
+254 20 2712925
+254 20 2712926
+254 20 2712928

Fax:
+254 20 2712938

Key Contacts:

  • Dr. Kennedy K. MbekeaniDirector General for East Africa

  • Dr. Leandre BassoleDeputy Director General

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