The African Development Bank Group

The African Development Bank Group – Fast Facts

    Founded 1964
   
    Constituent Institutions
        The African Development Bank (ADB)
        The African Development Fund (ADF)
        The Nigeria Trust Fund (NTF)
   
    Headquarters Abidjan, Côte d’Ivoire
   
    Temporary relocation Tunis, Tunisia
   
    Shareholders
        53 African countries (regional member countries)
        25 non-African countries (non-regional member countries)
   
    Mission To contribute to the sustainable economic development and social progress of African countries.
   
    President Donald Kaberuka
   
    Authorized Capital at December 31, 2011 UA 66.05 billion
   
    Subscribed Capital at December 31, 2011 UA 37.32 billion
   
    Paid-up Capital at December 31, 2011 UA 3.29 billion
   
    Approved Operations, 2011 184 operations totaling UA 5.72 billion, financed as follows:
        ADB: UA 3.69 billion
        ADF: UA 1.83 billion
        NTF: UA 10.9 million
        Special Funds: UA 188.1 million
   
    Of which:
        Loans: UA 3.55 billion (60 operations)
        Grants: UA 578.7 million (75 operations)
        HIPC: UA 1.35 billion (7 transactions)
        Equity Participations: UA 53.4 million (7 investments)
        Special Funds: UA 188.1 million (35 operations)
   
    Sector Approvals, 2011
        Infrastructure: UA 1.57 billion (38.1 percent of total loans and grants)
        Multisector: UA 853.2 million (20.7 percent )
        Finance: UA 802.3 million (19.4 percent)
        Social: UA 451.3 million (10.9 percent)
        Industry, Mining and Quarrying: UA 293.7 million (7.1 percent)
        Agriculture and Rural Development: UA 145.6 million (3.5 percent)
        Environment: UA 9.6 million (0.2 percent)
   
    Total Cumulative Loan and Grant Approvals, 1967–2011 3,661 loans and grants totaling UA 60.06 billion