# African Development Bank (AfDB)

African Development Bank (AfDB) is a Bank / Wealth / Trust based in Abidjan, Cote D'Ivoire.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Abidjan, Cote D'Ivoire
- **Founded:** 1964
- **Assets under management:** Undisclosed
- **Website:** https://afdb.org
- **LinkedIn:** https://ci.linkedin.com/company/african-development-bank

## Regulatory record

- **Reports private funds:** No

## About

The African Development Bank was established to finance economic development on the continent. No specific founding principals or wealth origin details appear in available records. The institution directs capital through growth equity and project finance. It covers infrastructure, financial institutions, and industrial sectors. Geographic reach centers on African countries with participation from member states across the region. Team size and additional offices remain undisclosed in source material. No dated operational events from the last 24 months are recorded. The bank's mandate ties investment decisions to development objectives set by its member governments rather than private wealth preservation.

## Sectors

- Growth Capital

## Questions

### Who runs investment decisions at African Development Bank?

Investment decisions follow the bank's governance structure set by member states. No individual principals are named in available records.

### Does African Development Bank participate in fund commitments or only direct deals?

The bank executes both direct investments and co-financing arrangements. Specific structures vary by project.

### What investment stages does African Development Bank typically target?

The bank targets growth-stage opportunities in infrastructure and private enterprise.

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Last updated: 2026-07-10T19:12:06.000Z

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