About African Development Bank Group
African Development Bank Group is a company based in Abidjan (Cote D'ivoire) founded in 1964. African Development Bank Group operates in a competitive market with competitors including Axis Bank, Metro Bank, Bandhan Bank, HDFC Bank and Alpha Bank, among others.
- Headquarter Abidjan, Cote D'ivoire
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$47.11 M (USD), Grant
Dec 31, 2021
- Investors
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Employee Count
Employee Count
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Funding Insights of African Development Bank Group
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $47.1M
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First Round
First Round
(01 Jan 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2021 | Amount | Grant - African Development Bank Group | Valuation |
investors |
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| Jul, 2021 | Amount | Grant - African Development Bank Group | Valuation |
investors |
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| Dec, 2020 | Amount | Grant - African Development Bank Group | Valuation |
investors |
Investors in African Development Bank Group
African Development Bank Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
Investments & Acquisitions by African Development Bank Group
Financial Statements - African Development Bank Group
African Development Bank Group Comparisons
Competitors of African Development Bank Group
African Development Bank Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Axis Bank, Metro Bank, Bandhan Bank, HDFC Bank and Alpha Bank, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of a commercial banking services
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Commercial banking services are provided in the United Kingdom.
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Personal and business banking services are offered to underbanked markets.
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Commercial and personal banking services are offered by HDFC Bank.
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Alpha Bank is recognized as a leading financial institution in Greece.
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Wealth advisory and banking services are offered to clients.
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Latest news on African Development Bank Group
Frequently Asked Questions about African Development Bank Group
African Development Bank Group was founded in 1964 and raised its 1st funding round 55 years after it was founded.
African Development Bank Group is headquartered in Abidjan, Cote D'ivoire.
The African Development Bank Group was founded in 1964 and is headquartered in Abidjan, Ivory Coast. Operations are centered on providing loans, equity investments, and technical assistance to promote sustainable economic growth in Africa. Focus areas include infrastructure, agriculture, energy, and private sector initiatives, with services extended to 54 African member countries and regional partners. Governance involves executive directors representing member states.
African Development Bank Group's top competitors include Metro Bank, Truist and Yes Bank.
African Development Bank Group has 1 investor. Key investors include European Union.