African Development Bank

African Development Bank

African Development Bank

(1964; Abidjan, Ivory Coast + 35 regional offices; 1,744 staff; afdb.org/en/)

This multilateral financial institution is devoted to improve the livelihoods of the people in its 38 African beneficiary countries. 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:

  • A library of 18,000+ documents including annual reports, meeting documentation, evaluations, reports, etc.
  • 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

Leadership: Akinwumi Adesina

Budget: ~$426m (2017)

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