Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

August 29, 2015 5:25 PM ET

Diversified Financial Services

Company Overview of African Development Bank

Company Overview

African Development Bank operates as a multilateral development finance institution in Africa. It finances development projects and programs in cooperation with other national or international development institutions; offers technical assistance in the selection, study, and preparation of projects; and promotes investments of public and private capital in projects and programs designed to contribute to the economic and social progress of the regional member states. The company also provides sovereign guaranteed loans for public sector, and non-sovereign guaranteed loans for public and private sectors; lines of credit; agency lines; guarantees, such as partial credit and partial risk guarant...

Immeuble du Centre Commercial International d’Abidjan

Avenue Jean-Paul II


01 Boite Postale

Abidjan,  1387

Ivory Coast

Founded in 1964


225 20 20 48 22


225 20 21 31 00

Key Executives for African Development Bank

Vice President of Finance
Chief Operating Officer and Director Office of First Vice President
Chief Operating Officer and First Vice President
General Counsel and Director
Compensation as of Fiscal Year 2015.

African Development Bank Key Developments

African Development Bank and Access Bank Sign Partnership Agreement

The African Development Bank and AccessBank Liberia Ltd. (ABL) have signed a technical assistance partnership agreement. The partnership is aimed at enhancing ABL's capacity to reach Liberian Micro, Small and Medium Enterprises (MSMEs).

African Development Bank Issues $20 Million Infrastructure Bonds to Japanese Life Insurance Company

The African Development Bank (AfDB) recently sold USD 20 million in infrastructure bonds to Fukoku Mutual Life Insurance Company (Fukoku Life). The company was the sole investor in the bond. Issuance of the infrastructure bonds is one of the alternative financing solutions which can support investments in various infrastructure projects while securing capital to match long-term needs. The Bank will use net profits from the infrastructure bonds to finance lending to infrastructure projects. The bonds were offered to Fukoku Life through a private placement format, with J.P. Morgan being the sole arranger of the bonds.

The African Development Bank Group Announces Executive Changes

The African Development Bank Group board welcomed the Executive Director for Nigeria and Sao Tome and Principe, Bright Okogu, at their regular meeting on June 3, 2015. commending the Bank for successfully electing its new President, Akinwumi Adesina, in a transparent and exemplary manner. Commending outgoing President Donald Kaberuka for the excellent work he accomplished in the Bank, Okogu urged the Bank to build on the successes he is leaving behind. Okogu worked closely with former Nigeria Finance Minister, Ngozi Okonjo-Iweala, as adviser and budget director, to close the deal that made Nigeria to achieve a big debt relief from the Paris Club of creditors. He had previously serviced in high positions at the Organization of Petroleum Exporting Countries, the International Monetary Fund, and as lecturer in Economics at the University of Jos, Nigeria.

Similar Private Companies By Industry

Company Name Region
Advans Cote d'Ivoire Middle East/Africa
African Development Bank Middle East/Africa

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact African Development Bank, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at