African Development Bank Group

Abidjan, Cote D'ivoire Founded: 1964 • Age: 62 yrs
Development financing is extended to African projects across sectors.

About African Development Bank Group

African Development Bank Group is a Financial Services company based in Abidjan (Cote D'ivoire) founded in 1964. Development financing is extended to African projects across sectors. Its website afdb.org draws about 487 thousand monthly visits. Its focus areas include Development Institutions.

Company details

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.

  • Headquarters Abidjan, Cote D'ivoire
  • Sectors
    Financial Services
  • Website category Law and Government · Government
  • Phone
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  • Website afdb.org
  • Social LinkedIn X Facebook
Key Metrics

Funding Insights of African Development Bank Group

  • Total Rounds 4
  • Last Round Grant β€” $47.11M
  • First Round $5.27M

    (Jan 2019)

  • Investors Count 1

All 4 funding rounds of African Development Bank Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2021$47.11MGrant––
Jul 2021$13.04MGrant––
Dec 2020$4.3MGrant––
Jan 2019$5.27MGrant––
Valuation history

1 investors in total: 1 institutional.

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.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
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Investor details for African Development Bank Group

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People of African Development Bank Group

88 people are tracked at African Development Bank Group (37 in leadership, 51 in team).

NameRoleGroup
Malika Dhif
Executive DirectorLeadership
Gerard Pascal Bussier
Executive DirectorLeadership
Edmond Raphael Wega
Executive DirectorLeadership
Mette Knudsen
Executive DirectorLeadership
Joao Luis Ngimbi
Executive DirectorLeadership
Desire Guedon
Executive DirectorLeadership
Akinwumi Adesina
PresidentLeadership
Pierre Olivier
Principal Investment OfficerLeadership
Shebo Nalishebo
Executive Director For Botswana, Malawi, Mauritius And ZambiaLeadership
Bradley K. Poku-Amankwah
Executive Cabinet Of The PresidentLeadership
Max Magor Ndiaye
Senior Director Syndication Client Solutions And Africa Investment ForumLeadership
Eren K.
Chief Investment Officer, Food & Agriculture, Textile and ForestryLeadership
Grace Kyokunda
Chief Financial Sector Development OfficerLeadership
Bahati Sanga
Acting Director, Corporate Information Technology ServicesLeadership
Nicole Kearse
Head of Sovereign Finance, African Legal Support FacilityLeadership
Jalel Chabchoub
Chief Investment Officer/Energy Efficient ExpertLeadership
Annour Mahamat Hassan
Managing DirectorLeadership
Nnenna Nwabufo
Vice President For The Regional Development, Integration And Business DeliveryLeadership
Lamin M Drammeh
Head Of Trade FinanceLeadership
Spankie Boitumelo
Chief Performance Management Partner: Delivery Support And ImplementationLeadership

68 more people are available in the full profile.

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Timeline of African Development Bank Group

3 dated milestones of African Development Bank Group across 57 years, from founding to its latest funding, stage changes and deals.

  1. Founded African Development Bank Group is founded.
  2. Funding First funding round of $5.3M.
  3. Funding Latest funding round, Grant, of $47.1M.

Web traffic of African Development Bank Group

The website of African Development Bank Group (afdb.org) receives about 486.7K visits a month and ranks #95,536 among all websites worldwide, #3,196 in Government.

  • Monthly visits
    486.7K

    ▼ 12.4% vs previous month

  • Unique visitors
    223.3K

    per month

  • Global rank
    #95,536

    among all websites

  • Category rank
    #3,196

    Law and Government · Government

Similar websites

Websites whose visitors overlap most with African Development Bank Group. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
worldbank.org
100%
6M#10,114View details
iadb.org
94%
766K#74,726View details
africa-union.org
africa-union.org
94%
#2,358,948–
eadb.org
93%
9.2K#2,455,959View details
dbsa.org
92%
32.2K#867,646View details
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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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 has 1 investor. Key investors include European Union.

The website of African Development Bank Group receives about 487 thousand visits a month and ranks #95,536 among all websites worldwide.

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