The 2017 Annual Meetings of the African Development Bank (AfDB) Group will be held on May 22-26, 2017 in Ahmedabad, India. The Annual Meetings are the Bank’s largest annual event and serve to raise the profile of the institution on the global stage. Find out more

Corporate Information

The African Development Bank Group – Fast Facts

  • Founded 1964
  • Constituent Institutions
  • Shareholders
  • Mission To promote sustainable economic growth and reduce poverty in Africa.
  • Authorized Capital at December 31, 2014 UA 66.98 billion
  • Subscribed Capital at December 31, 2014 UA 65.13 billion
  • Paid-up Capital at December 31, 2014 UA 4.86 billion
  • Callable capital as of December 31, 2014 (ADB) UA 60.27 billion
  • Total reserves as of December 31, 2014 (ADB) UA 2.82 billion
  • Approved Operations, 2014 232 operations totalling UA 5.05 billion, financed as follows:
    • ADB: UA 3.20 billion
    • ADF: UA 1.59 billion
    • NTF: UA 11.5 million
    • Special Funds: UA 244.2 million
  • Of which:
    • Loans: UA 3.89 billion (89 operations)
    • Grants: UA 613.9 million (93 operations)
    • Equity Participations: UA 132.6 million (6 operations)
    • Guarantees: UA 173.1 million (5 operations)
    • Special Funds: UA 244.2 million (39 operations)
  • Sector Approvals, 2014
  • Total Cumulative Loan and Grant Approvals, 1967–2014 4,185 loans and grants totalling UA 71.72 billion