Nature of Activities::  ::

The African Development Bank (ADB) (also known as Banque Africaine de Developpement) is a major development bank in Africa. It was established in 1963 by the Organisation of African Unity (OAU) with start-up capital of $250 million in order to promote economic and social development. Since then it has grown into a $33 billion, multinational development bank, with 52 African and 24 other shareholders.

ADB is backed by both African members and other overseas principals to provide Africa with greater independence from offshore credit. The ADB finances project and programme investments in member states, with a focus on regional projects. Affiliates of ADB include the African Development Fund (ADF) and the Nigeria Trust Fund.

The ADB is overseen by a Board of Governers which consists of representatives from each member country. It has an Executive Council of nine members and a Board of 18 directors. The board is responsible for the general operation of the bank.

Nature of Business
United Nations
General Information
Organisation Type/Location: Embassy in Burkina Faso
Nick name/Abbrev.: AfDB
Previous Name: Andrew Kim
Business Sector(s): Government – Embassies and Consulates
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Related Organisations
has shareholder: Del Monte Royal Foods Ltd – Kempton Park, South Africa
Related Countries
has member: Angola
has member: Argentina
has member: Australia
has member: Belgium
has member: Botswana
has member: Brazil
has member: Cameroon
has member: Canada
has member: China
has member: Congo
has member: Corte d’Ivoire
has member: Democratic Republic of The Congo
has member: Egypt
has member: Ethiopia
has member: France
has member: Gabon
has member: Germany
has member: Ghana
has member: India
has member: Italy
has member: Japan
has member: Kenya
has member: Korea (South)
has member: Kuwait
has member: Lesotho
has member: Madagascar
has member: Malawi
has member: Mauritius
has member: Morocco
has member: Mozambique
has member: Namibia
has member: Netherlands
has member: Runion
has member: Saudi Arabia
has member: Senegal
has member: Seychelles
has member: South Africa
has member: Swaziland
has member: Switzerland
has member: Tanzania
has member: Tunisia
has member: Uganda
has member: Zambia
has member: Zimbabwe
Events Organised: View Event List
owns: Dar es Salaam Water Supply Project
owns: Road Rehabilitation between Vanduzi and Changara (90%)
owns: Sugar cane project
President: Mr D Kaberuka (Donald)
Chairperson: Ms N Okonjo-Iweala (Ngozi)
Vice-President – Corporate Management: Mr O Kane (Ousmane)
Director – Department Infrastructure & Industry: Mr K Apetey (Kouassi)
Divisional Chief of Industry: Mr Mbaye
Director – Private Sector Department: Mr R Westling (Rolf)
Contact Person: Mr E Knapp (Eberhard)

Shaun Bakamoso

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