African Development Bank

September 27, 2017

The African Development Bank Group (AfDB) or Banque Africaine de Developpment (BAD) is a multilateral development finance institution . The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. The AfDB’s mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region.