Financial Information


March 2020 Exchange Rates


February 2020 Exchange Rates


Investor presentation - January 2020

Investor presentation - January 2020

Fitch Ratings 2019

The ‘AAA’ rating of African Development Bank (AfDB) is driven by strong extraordinary support it receives from its shareholders, which Fitch Ratings assesses at ‘aaa’. This is based on the agency’s expectation that the bank’s net debt will be fully covered by callable capital from ‘AAA’ rated shareholders over the rating horizon. The shareholders’ strong propensity to support AfDB has been demonstrated by the recently approved capital increase (General Capital Increase VII, of USD115 billion or +125%).

Japan Credit's Rating - News release - June 2019

The African Development Bank (the Bank) is a multilateral development bank (MDB) with the mandate to support the sustainable economic development and social progress of its regional member countries. The ratings mainly stem from the solid support to the Bank’s operation from its regional and non-regional member countries; its solid financial base; its prudent financial and risk management policies; and its status as a "preferred creditor". President Akinwumi Adesina has been promoting the Bank’s mandate by implementing the “High 5s” priorities to accelerate its Ten- Year Strategy (2013-2022...

Standard & Poor’s Ratings - January 2020

Issuer Credit Rating Foreign Currency AAA/Stable/A-1+

January 2020 Exchange Rates


December 2019 Exchange Rates


November 2019 Exchange Rates


Moody's Rating 2019

The credit profile of the African Development Bank (AfDB) is supported by the bank's robust capital buffers and superior risk management, which mitigate credit risks associated with its development-related assets. The bank's credit quality also benefits from an ample liquidity buffer and unfettered access to local and international capital markets, which support its ability to meet debt service obligations. Moreover, the bank has a long track record of being the premier development institution in Africa and benefits from shareholders' ability and willingness to support its development...

ADB applicable lending rates for standard1 non sovereign guaranteed loans - From 1 August 2019 to 31 January 2020

the six (6) month reference rate for USD, YEN (6m Libor) and EUR (6m Euribor) resets on 1 February and 1 August; (ii) the three (3) month reference rate for the ZAR (3m Jibar) resets on 1 February, 1 May, 1 August and 1 November for loans approved after 1 January 2009

ADB applicable lending rates for sovereign guaranteed loans - From 1 August 2019 to 31 January 2020

The applicable Lending Spread is 80bps for FFL approved from 01-Sep-16; 60 bps for FFL approved from 03-Mar-2016 to 31-Aug-16; 60 bps for EVSL approved after 01-Jan-2011; 40 bps for EVSL and VSL approved between 21-Jan-09 and 31-Dec-10 and 50 bps for loans approved before 4-may-05

2019 - Information Statement

The African Development Bank (the “Bank” or “ADB”) intends from time to time to issue debt securities (the “Securities”) with maturities and on terms related to market conditions at the time of sale. The Securities may be sold to dealers or underwriters, who may resell the Securities in public offerings or otherwise. In addition, the Securities may be sold by the Bank directly or indirectly through agents.

October 2019 Exchange Rates

October 2019 Exchange Rates 

AfDB Group Financial Presentation - 2019


September 2019 Exchange Rates

September 2019 Exchange Rates 

Zambia-HIPC Approval Document for Zambia: Decision Point under the Enhanced Framework

The Boards of Directors approved the Bank Group’s participation in the enhanced HIPC Initiative, on July 6, 2000. During this meeting, Management’s proposal for the delivery modalities and financing arrangements were also approved. Accordingly, the Bank Group would provide its debt relief by releasing eligible countries from up to 80 percent of their annual debt service obligations until the total debt relief is delivered. Debt service delivery would commence at the decision point, with no more than 40 percent of HIPC assistance being provided during the interim period, viz., between the...

Guinea Bissau - Completion Point Document HIPC Initiative

On 16 December 2010, the Republic of Guinea Bissau became the 26 th R egional M ember C ountry to reach the end of t he HIPC initiative process by attaining the completion point , more than ten years after reaching the decision point in December 2000 . The refore, the Boards of Directors of the IM F and the World Bank approved a debt relief of US$ 42 1 . 7 millio n in end 1999 N et P resent V alue (NPV) terms , and a special assistance estimated at US$ 13 2 . 6 million i n end 2009 NPV terms , to bring Guinea Bissau’s external debt down to sustainable levels . The gradual improvement of the...

April 2019 Exchange Rates


Investor presentation - March 2019