African Development Bank

African Development Bank operates as a multilateral development finance institution in Africa.

Business Model:

Revenue: $290.2M

Employees: 1,001-5,000

Rankings

Detailed African Development Bank Information

Geographic Data

African Development Bank headquarters map

Address: Avenue Joseph Anoma

City: Abidjan

State: other

Zip:

Country: CI

Financial Info

Stage:

Raised Last:

$15M

Raised Total:

$72M

Metrics

270,136Website Global Rank

233,909Website Monthly Traffic

Twitter Followers

Description

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 provides 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.

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Announced Date Company Transaction Money Raised
9/2018 Eskom Holdings Debt Financing 205M
12/2021 Ecobank Post-IPO Debt 0
7/2018 Uganda Development Bank Debt Financing 20M
6/2019 Farmerline Grant -
12/2016 Mandulis Energy Grant 993k
11/2022 Banque Misr Debt Financing 160M
3/2021 M-KOPA Grant 300k
10/2022 First City Monument Bank Debt Financing 50M
12/2017 Emerging Africa Infrastructure Fund Debt Financing 100M
5/2020 SA Taxi Debt Financing 100M
2/2021 SunCulture Debt Financing 0
12/2021 West African Development Bank (BOAD) Venture Round 0
12/2021 West African Development Bank (BOAD) Debt Financing 0
2/2019 Winners Project Venture Round 1.7M
2/2022 Kouncel Pre Seed Round 0
11/2020 Foodlocker Grant 40k
9/2021 NSIA Bank Post-IPO Debt 0
7/2016 Eskom Holdings Debt Financing 1.4B
3/2022 Raino Tech4Impact Venture Round -
4/2016 Chase Bank Kenya Venture Round 50M
4/2018 Development Bank of Nigeria Venture Round 70M
12/2021 SmartAfrica Grant 1.5M
4/2021 ACWA Power Debt Financing 0
12/2014 dVentus Technologies Grant 842k
9/2016 Ecobank Post-IPO Debt 310M
3/2021 EthSwitch Grant 2.3M
7/2022 ETG Grant 0
7/2022 ETG Grant 0
2/2022 Kouncel Pre Seed Round 0
12/2021 West African Development Bank (BOAD) Debt Financing 0
12/2021 SmartAfrica Grant 0
12/2021 West African Development Bank (BOAD) Venture Round 0
12/2021 Ecobank Post-IPO Debt 0
9/2021 NSIA Bank Post-IPO Debt 0
4/2021 ACWA Power Debt Financing 0
3/2021 EthSwitch Grant 0
2/2021 SunCulture Debt Financing 0

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