Corporate Information

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)
Shareholders
54 African countries (regional member countries)
27 non-African countries (non-regional member countries)
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
Infrastructure: UA 2.50 billion (55.5 percent of total loans and grants)
Social: UA 366.9 million (8.2 percent)
Multisector: UA 267.4 million (12.6 percent )
Finance: UA 288.0 million (5.9 percent)
Agriculture and Rural Development: UA 488.3 million (10.9 percent)
Environment: UA 33.2 million (0.7 percent)
Total Cumulative Loan and Grant Approvals, 1967–2014 4,185 loans and grants totalling UA 71.72 billion

The overarching objective of the African Development Bank (AfDB) Group is to spur sustainable economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction.

The Bank Group achieves this objective by:

mobilizing and allocating resources for investment in RMCs; and
providing policy advice and technical assistance to support development efforts.
In 2015, all multilateral development institutions have agreed on a same set of objectives, called the Sustainable Development Goals. They are:

Sustainable Development Goals

Goal 1. End poverty in all its forms everywhere

Goal 2. End hunger, achieve food security and improved nutrition and promote sustainable agriculture

Goal 3. Ensure healthy lives and promote well-being for all at all ages

Goal 4. Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

Goal 5. Achieve gender equality and empower all women and girls

Goal 6. Ensure availability and sustainable management of water and sanitation for all

Goal 7. Ensure access to affordable, reliable, sustainable and modern energy for all

Goal 8. Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

Goal 9. Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

Goal 10. Reduce inequality within and among countries

Goal 11. Make cities and human settlements inclusive, safe, resilient and sustainable

Goal 12. Ensure sustainable consumption and production patterns

Goal 13. Take urgent action to combat climate change and its impacts

Goal 14. Conserve and sustainably use the oceans, seas and marine resources for sustainable development

Goal 15. Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss

Goal 16. Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

Goal 17. Strengthen the means of implementation and revitalize the global partnership for sustainable development