AFRICAN DEVELOPMENT BANK
African Development Bank operates as a multilateral development finance institution in Africa. It finances development projects and programs in cooperation with other national and international development institutions; offers technical assistance in the selection, study, and preparation of projects; and promotes investments of public and private capital in projects and programs designed to contribute to the economic and social progress of the regional member states. The company also prov... ides sovereign-guaranteed loans for the public sector and non-sovereign-guaranteed loans for the public and private sectors; lines of credit for trade finance; agency lines; guarantees such as partial credit and risk guarantees; equity and quasi-equity trade finance; and risk management products comprising interest rate swaps, currency swaps, commodity swaps, interest rate caps, and collars. In addition, it offers trade finance services consisting of risk participation agreements, trade finance lines of credit, and soft commodity finance facilities as well as technical assistance. African Development Bank was founded in 1964 and is headquartered in Abidjan, Ivory Coast.
AFRICAN DEVELOPMENT BANK
Industry:
Banking Charity Communities Finance Financial Services
Founded:
1964-09-10
Status:
Active
Contact:
+225 2026 3900
Total Funding:
400.43 M USD
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Investments List
| Date | Company | Article | Money raised |
|---|---|---|---|
| 2024-07-18 | Transnet SOC Ltd | African Development Bank investment in Debt Financing - Transnet SOC Ltd | 18.85 B ZAR |
| 2024-06-14 | InfraCredit | African Development Bank investment in Debt Financing - InfraCredit | 15 M USD |
| 2024-06-06 | Prime Meridian Docks Ghana | African Development Bank investment in Debt Financing - Prime Meridian Docks Ghana | 94 M USD |
| 2024-05-15 | First Capital Bank | African Development Bank investment in Debt Financing - First Capital Bank | 7.5 M USD |
| 2024-03-28 | Indorama Fertilizers | African Development Bank investment in Debt Financing - Indorama Fertilizers | 1.25 B USD |
| 2023-12-11 | FSDH Merchant Bank | African Development Bank investment in Debt Financing - FSDH Merchant Bank | 15 M USD |
| 2023-10-27 | Absa | African Development Bank investment in Debt Financing - Absa | 5.46 B ZAR |
| 2023-06-05 | BUA Cement | African Development Bank investment in Post-IPO Debt - BUA Cement | 744 M USD |
| 2023-05-18 | InfraCredit | African Development Bank investment in Debt Financing - InfraCredit | 15 M USD |
| 2023-04-25 | ACWA Power | African Development Bank investment in Post-IPO Debt - ACWA Power | 123 M USD |
Key Employee Changes
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