The African Development Bank Group (AfDB) is a multilateral development finance institution established to contribute to the economic development and social progress of African countries.
The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund.
The AfDB’s mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region.
Governing: The AfDB is controlled by a Board of Executive Directors, made up of representatives of its member countries.
The 52nd Annual Meetings of the African Development bank are being held in Gandhinagar. This is the first time that the Annual Meetings of AfDB are being held in India. These Meetings are the Bank’s largest annual event and serve to raise the profile of the institution on the global stage.
The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund.
The AfDB’s mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region.
Governing: The AfDB is controlled by a Board of Executive Directors, made up of representatives of its member countries.
The 52nd Annual Meetings of the African Development bank are being held in Gandhinagar. This is the first time that the Annual Meetings of AfDB are being held in India. These Meetings are the Bank’s largest annual event and serve to raise the profile of the institution on the global stage.
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