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The United States Government Manual
African Development Bank
Avenue Jean-Paul II, 01 BP 1387, Abidjan 01, Côte d'Ivoire
+225 20 26 10 20
http://www.afdb.org | Email: afdb@afdb.org
| PRESIDENT | Akinwumi A. Adesina |
The above list of key personnel was updated 10–2020.
The African Development Bank reduces poverty in Arica, improves living conditions for Africans, and mobilizes resources for economic and social development throughout the continent.
ESTABLISHMENT AND ORGANIZATION
The African Development Bank (AFDB) was founded following an agreement that the member states signed on August 14, 1963, in Khartoum, Sudan. The agreement became effective on September 10, 1964. By charter amendment, the AFDB expanded its membership to include nonregional countries in 1982. The admission of nonregional member countries more than doubled AFDB capital resources.
https://www.afdb.org/en/about-corporate-information-history/afdb-group-first-50-yearsThe African Development Bank (AFDB) group is a regional multilateral development finance institution. It was established to help the institution’s regional member countries, all of which are African countries, develop economically and to promote their social progress. With its headquarters officially in Abidjan, Côte d’Ivoire, the AFDB is the premier development finance institution on the continent of Africa.
https://www.afdb.org/en/about/mission-strategyThe AFDB comprises three entities: a development bank, a development fund, and a trust fund. AFDB membership totals 81 countries: 54 regional (African) and 27 nonregional countries. The United Arab Emirates is a contributor to the African Development Fund (ADF), but is not a nonregional member country.
https://www.afdb.org/en/about-us/corporate-information/membersAFDB has posted 11 organograms (i.e., organizational charts) in Portable Document Format (PDF) for viewing and downloading.
https://www.afdb.org/en/about-us/organisational-structureACTIVITIES
The AFDB's mandate centers on the economic development and social progress of its regional members. Development banks promote the investment of public and private capital in projects and programs that are likely to contribute to the economic development of their stakeholders. Development banks finance projects that are run either by the government or the private sector. The AFDB is one of the world's five major multilateral development banks that provides assistance to its regional member countries to help them achieve their development goals.
https://www.afdb.org/en/about/corporate-information/african-development-bank-afdbThe ADF complements AFDB operations by providing concessional financing for high-priority development projects. Contributing countries provide the ADF with resources to improve economic and social conditions in beneficiary countries. These beneficiaries include countries that are increasing in economic capacity and en route to becoming the new emerging markets or that are regarded as fragile states and require special assistance for basics levels of service delivery.
https://www.afdb.org/en/about-us/corporate-information/african-development-fund-adfThe Nigeria Trust Fund (NTF) is a self-sustaining and revolving fund. It assists the development efforts of the AFDB's low-income regional member countries whose economic and social conditions and prospects require concessional financing.
https://www.afdb.org/en/about-us/corporate-information/nigeria-trust-fund-ntfSources of Information
Business Opportunities
The General Services and Procurement Department administrates the AFDB's internal procurement.
https://www.afdb.org/en/about-us/corporate-procurementCareer Opportunities
Grade and salary data and information on current job vacancies are available online.
http://www.afdb.org/en/about-us/careersClimate Change
The AFDB promotes building greater capacity for African countries to address climate change risks. The AFDB finances investments that are "climate-proof," meaning that these investments are designed, installed, implemented, and managed to reduce to a minimal level global warming's adverse effects, while maintaining the most cost-effective ratio as possible.
https://www.afdb.org/en/topics-and-sectors/sectors/climate-changeContact Information
The AFDB maintains some operations in Abidjan, Côte d'Ivoire, and some functions in Tunis, Tunisia. Addresses and phone numbers are available on the AFDB group's website, on the "Contact Us" page.
https://www.afdb.org/en/about/contact-usDocuments
The AFDB posts documents on its website.
https://www.afdb.org/en/all-documentsEvolution of an African Institution
In the 1960s, a group of African leaders designed a new institution to be 100 percent African. These leaders were expressing a strong and spreading desire for Africans to be in charge of their own destiny. To learn more about the institution that they eventually established and its growth over time, visit the "Bank Group's Evolution" web page.
https://www.afdb.org/en/about-corporate-information-history/bank-groups-evolutionFinancial Crisis
The AFDB has knowledge products on the youth unemployment crisis in Africa and on systemic banking crises in low income countries.
https://www.afdb.org/en/topics-and-sectors/topics/financial-crisisFrançais
The AFDB website offers information and resources for visitors who read French.
https://www.afdb.org/frFrequently Asked Questions (FAQs)
The AFDB posts answers to FAQs on its website.
http://www.afdb.org/en/about-us/frequently-asked-questionsGlossary
The AFDB website features a glossary of acronyms.
http://www.afdb.org/en/glossaryHistory
A short history of the AFDB is available online.
https://www.afdb.org/en/about-us/corporate-information/historyNews / Events
The AFDB website features events, interviews, loan and grant announcements, multimedia, news, press releases, project stories, and speeches.
http://www.afdb.org/en/news-and-eventsSite Map
The website map allows visitors to look for specific topics or to browse content that aligns with their interests.
http://www.afdb.org/en/sitemapSocial Media
The AFDB has a Facebook account.
https://www.facebook.com/AfDBGroup/?ref=tsThe AFDB tweets announcements and newsworthy items in English and French on Twitter.
https://twitter.com/AfDB_GroupThe AFDB posts videos on its YouTube channel.
https://www.youtube.com/user/afdbcomuStatistics
Defining achievable goals and setting realistic targets, as well as evaluating the effects of projects, depend heavily on reliable data. The AFDB promotes improvement in the quality and quantity of statistical data on all aspects of development.
https://www.afdb.org/en/knowledge/statisticsWeb TV
The AFDB's Web TV features programs in English and French.
https://www.afdb.org/en/news-events/afdb-tvWhere the AFDB Works
The AFDB's website features a list of African countries where the Bank is active.
http://www.afdb.org/en/countriesThe Sources of Information were updated 10–2020.