African Development Bank
Website
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Founding Year: 1964



Staff: 1744

ï“€

Budget:

ï“Ž

~$426m (2017)

It has an overarching objective to spur sustainable economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction. Overall the bank has 80 members, many from outside of Africa.

Selected Projects:

Selected Programs:

  • Desert to Power (DtP) – Initiated in 2017 “to light up and power the Sahel by building electricity generation capacity of 10 GW through photovoltaic (PV) solar systems via public, private, grid and off-grid projects by 2025”
  • Drought Resilience and Sustainable Livelihoods Programme (DRSLP) – aims to “develop regional systems to alleviate the negative impacts caused by the deteriorating environmental conditions in the Horn of Africa.”

Publications:

  • MapAfrica – An interactive map that shows the locations of the Bank’s investments in Africa.
  • A data portal with data on their work, member states, and the African economy

 

African Development Bank contributes to the following Sustainable Development Goals


  • SDG 1 - No Poverty
    Calls for an end to poverty globally by 2030 and promotes increased access to basic services and social protection.
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  • SDG 2 - Zero Hunger
    Aims to end hunger, achieve food security and improved nutrition and promote sustainable agriculture
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  • SDG 3 - Good Health and Well Being
    Aims to ensure healthy lives and promote well-being for all at all ages, by reducing mortality rates and increasing access to equitable health care for men and women.
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  • SDG 4 - Quality Education
    Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.
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  • SDG 5 - Gender Equality
    Aims to end gender discrimination in all forms and promote equal opportunity for all women and girls in terms of education, career, and sexual/reproductive rights.
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  • SDG 6 -Clean Water and Sanitisation
    Ensure availability and sustainable management of water and sanitation for all by promoting global access to adequate sanitation and hygiene.
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  • SDG 7 - Affordable and Clean Energy
    Ensure access to affordable, reliable, sustainable and modern energy for all by promoting affordable and reliable energy sources.
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  • SDG 8 -Decent Work and Economic Growth
    Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
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  • SDG 9 - Industry, Innovation and Infrastructure
    Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.  
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  • SDG 10 - Reduced Inequalities
    Aims to achieve economic growth by reducing inequalities regarding social, economic and political opportunities and freedoms.
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  • SDG 11 - Sustainable Cities and Communities
    Aims to promote the globalization of sustainable cities and communities in turn providing universal safe and affordable housing.
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  • SDG 12 - Responsible Consumption and Production
    Aims to create responsible and sustainable practices involving consumption and production through efficiently using natural resources.
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  • SDG 13 - Climate Action
    Calls to take urgent action to combat climate change and its impacts through global awareness, education, and integration into government policies.
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  • SDG 14 - Life Below Water
    Calls to conserve and sustainably use the oceans, seas and marine resources for sustainable development and prevent and reduce marine pollution in order to protect ecosystems and achieve healthy oceans.
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  • SDG 15 - Life on Land
    Aims to protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss.
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  • SDG 16 - Peace, Justice and Strong Institutions
    Aims to promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels. Calls to reduce all forms of violence and deaths related to violence and to end abuse and exploitation
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  • SDG 17 - Partnerships for the Goals
    Aims to strengthen the means of implementation and revitalize the global partnership for sustainable development by mobilizing domestic resources in order to provide support for developing countries.
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  Organization Type

Financial

  Geographic Foci

Africa

 Subjects

Development|Poverty & Inequality|Sustainable Development

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