African Development Bank

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African Development Bank logo

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 SudanSudan Sudan
1970-1976 Abdelwahab Labidi TunisiaTunisia Tunisia
1976-1979 Kwame Donkoh Fordwor GhanaGhana Ghana
1979-1980 Goodall Gondwe MalawiMalawi Malawi 1
1980-1985 Wila Mung'omba ZambiaZambia Zambia
1985-1995 Babacar Ndiaye SenegalSenegal Senegal
1995-2005 Omar Kabbaj MoroccoMorocco Morocco
2005-2015 Donald Kaberuka RwandaRwanda Rwanda
since 2015 Akinwumi Adesina NigeriaNigeria Nigeria

1 interim

Member countries

Regional member countries

Overview map of the non-regional member countries of the African Development Bank (red), the regional members of the AfEB (green) and the AfEF (blue).
Egypt Algeria Angola
Equatorial Guinea Ethiopia Benin
Botswana Burkina Faso Burundi
Djibouti Ivory Coast Eritrea
Gabon Ghana Gambia
Guinea Guinea-Bissau Cameroon
Cape Verde Kenya Comoros
Democratic Republic of Congo Republic of the Congo Lesotho
Liberia Libya Madagascar
Malawi Mali Morocco
Mauritania Mauritius Mozambique
Namibia Niger Nigeria
Rwanda Zambia Sao Tome and Principe
Senegal Seychelles Sierra Leone
Zimbabwe Somalia South Africa
Sudan Swaziland Tanzania
Togo Chad Tunisia
Uganda Central African Republic

Non-regional member countries

Argentina Brazil Belgium
People's Republic of China Denmark Germany
Finland France Great Britain
India Italy Japan
Canada South Korea Kuwait
Netherlands Austria Portugal
Saudi Arabia Sweden Switzerland
Spain United States

Beneficiary countries

Beneficiary countries AfEB

Egypt Algeria Equatorial Guinea
Botswana Gabon Morocco
Mauritius Namibia Nigeria
Seychelles Zimbabwe South Africa
Swaziland Tunisia

Beneficiary countries AfEF

Angola Ethiopia Benin
Burkina Faso Burundi Djibouti
Ivory Coast Eritrea Gambia
Ghana Guinea Guinea-Bissau
Cameroon Cape Verde Kenya
Comoros Democratic Republic of Congo Republic of the Congo
Lesotho Liberia Madagascar
Malawi Mali Mauritania
Mozambique Niger Nigeria
Rwanda Zambia Sao Tome and Principe
Senegal Sierra Leone Zimbabwe
Somalia Sudan Tanzania
Togo Chad Uganda
Central African Republic

Beneficiary countries NTF

Egypt Algeria Angola
Ethiopia Benin Botswana
Burkina Faso Burundi Djibouti
Ivory Coast Gabon Gambia
Ghana Guinea Guinea-Bissau
Cameroon Cape Verde Kenya
Comoros Democratic Republic of Congo Republic of the Congo
Lesotho Liberia Libya
Madagascar Malawi Mali
Morocco Mauritania Mauritius
Mozambique Namibia Niger
Nigeria Rwanda Zambia
Sao Tome and Principe Senegal Seychelles
Sierra Leone Zimbabwe Somalia
South Africa Sudan Swaziland
Tanzania Togo Chad
Tunisia Uganda Central African Republic

Web links

Individual evidence

  1. ^ ADB rulers.org
  2. 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