African Development Bank
The African Development Bank Group , English African Development Bank Group (AfDB), French Banque Africaine de Développement (BAD), Portuguese Banco Africano de Desenvolvimento (BAD), is a development bank .
history
It comprises the following three sub-organizations:
- The African Development Bank ( AfEB , also AfDB ), founded in 1964
- The African Development Fund ( AfEF , also AfDF ), founded in 1972
- and the (small) Nigeria Special Fund ( Nigeria Trust Fund , NTF ), founded in 1976
The task of the banking group is to promote economic development and social progress in the African member countries by granting loans. Projects with supraregional development impulses have priority. The head office of the bank is in Abidjan ( Ivory Coast ).
At the end of 2002, the amount of outstanding loans granted (in US dollars ) was:
- 8.1 billion at AfEB,
- 8.9 billion at the AfEF and
- 110 million at the NTF.
Numerous African and non-African countries are members and hold shares in the three sub-organizations. The accession of non-African countries has been possible since 1979. For example, Germany joined in 1983.
The internal unit of account is the Unit of Account (UA), which corresponds to the IMF's Special Drawing Right . At the end of 2002 the value of a UA was around € 1.30.
President
AfDB presidents have been:
Term of office | President | Member State |
---|---|---|
1964-1970 | Mamoun Beheiry | Sudan |
1970-1976 | Abdelwahab Labidi | Tunisia |
1976-1979 | Kwame Donkoh Fordwor | Ghana |
1979-1980 | Goodall Gondwe | Malawi 1 |
1980-1985 | Wila Mung'omba | Zambia |
1985-1995 | Babacar Ndiaye | Senegal |
1995-2005 | Omar Kabbaj | Morocco |
2005-2015 | Donald Kaberuka | Rwanda |
since 2015 | Akinwumi Adesina | Nigeria |
1 interim
Member countries
Regional member countries
Non-regional member countries
Beneficiary countries
Beneficiary countries AfEB
Egypt | Algeria | Equatorial Guinea |
Botswana | Gabon | Morocco |
Mauritius | Namibia | Nigeria |
Seychelles | Zimbabwe | South Africa |
Swaziland | Tunisia |
Beneficiary countries AfEF
Beneficiary countries NTF
Web links
Individual evidence
- ^ ADB rulers.org
- ↑ The Federal Republic of Germany acceded to the agreement in 1981. Law on the Convention of August 4, 1963 establishing the African Development Bank of June 1, 1981. (PDF; 20 kB); BGBl. II, 1981, p. 253