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
Industries / Tags:
Detailed African Development Bank Information
Geographic Data
Address: Avenue Joseph Anoma
City: Abidjan
State: other
Zip:
Country: CI
Financial Info
Stage:
Raised Last:
$15M
Raised Total:$72M
Social
Facebook
Twitter
Linkedin
Crunchbase
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.
Contact Phone:
Contact Email:
| Announced Date | Company | Transaction | Money Raised |
|---|---|---|---|
| 4/2018 | Development Bank of Nigeria | Venture Round | 70M |
| 12/2021 | SmartAfrica | Grant | 1.5M |
| 9/2016 | Ecobank | Post-IPO Debt | 310M |
| 4/2021 | ACWA Power | Debt Financing | 0 |
| 3/2021 | EthSwitch | Grant | 2.3M |
| 12/2014 | dVentus Technologies | Grant | 842k |
| 7/2022 | ETG | Grant | 0 |
| 9/2018 | Eskom Holdings | Debt Financing | 205M |
| 12/2021 | Ecobank | Post-IPO Debt | 0 |
| 10/2022 | First City Monument Bank | Debt Financing | 50M |
| 6/2019 | Farmerline | Grant | - |
| 12/2016 | Mandulis Energy | Grant | 993k |
| 11/2022 | Banque Misr | Debt Financing | 160M |
| 3/2021 | M-KOPA | Grant | 300k |
| 12/2017 | Emerging Africa Infrastructure Fund | Debt Financing | 100M |
| 5/2020 | SA Taxi | Debt Financing | 100M |
| 7/2018 | Uganda Development Bank | Debt Financing | 20M |
| 11/2020 | Foodlocker | Grant | 40k |
| 12/2021 | West African Development Bank (BOAD) | Venture Round | 0 |
| 12/2021 | West African Development Bank (BOAD) | Debt Financing | 0 |
| 2/2021 | SunCulture | Debt Financing | 0 |
| 2/2019 | Winners Project | Venture Round | 1.7M |
| 3/2022 | Raino Tech4Impact | Venture Round | - |
| 9/2021 | NSIA Bank | Post-IPO Debt | 0 |
| 2/2022 | Kouncel | Pre Seed Round | 0 |
| 7/2016 | Eskom Holdings | Debt Financing | 1.4B |
| 4/2016 | Chase Bank Kenya | Venture Round | 50M |
| 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 |
Startup Industries
Startup Locations
Portfolio Current Status
Portfolio Employee Count
| Name | Price |
|---|
| Name | Size | Announced Date |
|---|
