African Development Bank logo

African Development Bank

Africa, Tunis, Tunisia, Belvédère

Description

African Development Bank provides concessional funding for economic and social development projects and programs.

Investor Profile

African Development Bank has made 25 investments, with 15 in the past 12 months and 68% as lead.

Stage Focus

  • Debt Financing (52%)
  • Post Ipo Debt (20%)
  • Series Unknown (12%)
  • Grant (12%)
  • Seed (4%)

Country Focus

  • Nigeria (20%)
  • Saudi Arabia (12%)
  • Kenya (12%)
  • United Arab Emirates (8%)
  • France (8%)
  • South Africa (8%)
  • Uganda (4%)
  • United Kingdom (4%)
  • Morocco (4%)
  • Togo (4%)

Industry Focus

  • Financial Services
  • Banking
  • Agriculture
  • Electrical Distribution
  • Energy
  • Renewable Energy
  • Finance
  • Non Profit
  • Farming
  • Manufacturing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does African Development Bank frequently co-invest with?

Arab Bank
Asia, Amman, Jordan, Amman
Co-Investments: 2
U.S. International Development Finance Corp
North America, District of Columbia, United States, Washington
Co-Investments: 2
International Finance Corporation
North America, District of Columbia, United States, Washington
Co-Investments: 4
KFW DEG
Europe, Nordrhein-Westfalen, Germany, Cologne
Co-Investments: 3
British International Investment
Europe, England, United Kingdom, London
Co-Investments: 1
Arab Petroleum Investments Corporation
Asia, Ash Sharqiyah, Saudi Arabia, Al Khubar
Co-Investments: 2
Green Climate Fund
Asia, Inch'on-jikhalsi, South Korea, Incheon
Co-Investments: 2
OF
Europe, Wien, Austria, Vienna
Co-Investments: 3
Bangkok Bank
Asia, Krung Thep, Thailand, Bangkok
Co-Investments: 1
European Bank for Reconstruction and Development
Europe, England, United Kingdom, London
Co-Investments: 3

What are some of recent deals done by African Development Bank?

Bank Of Africa

Antananarivo, Antananarivo, Madagascar

Bank Of Africa is a financial service firm that provides loans, savings and investments, money transfers, insurance, and accounts services.

BankingFinancial ServicesInsuranceLending
Debt FinancingMar 26, 2025
Amount Raised: $25,000,000
IITA

Ibadan, Oyo, Nigeria

IITA is a non-profit organization that provides innovations and research services to improve agriculture business for African communities.

AgricultureGovernmentNon Profit
GrantMar 14, 2025
Amount Raised: $5,461,198
Axian Telecom

Ebène, Plaines Wilhems, Mauritius

Axian Telecom is a telecommunications service provider that provides mobile and fixed networks services.

Communications InfrastructureInformation and Communications Technology (ICT)Telecommunications
Debt FinancingJan 29, 2025
Amount Raised: $160,000,000
ACWA Power

Riyadh, Ar Riyad, Saudi Arabia

ACWA Power is a developer, investor, co-owner and operator of a portfolio of power generation and renewable energy.

Electrical DistributionEnergyRenewable Energy
Post Ipo DebtDec 31, 2024
Amount Raised: $692,168,276
Société nationale industrielle et minière

Nouâdhibou, Dakhlet Nouadhibou, Mauritania

Société nationale industrielle et minière is involved in the research, extraction, processing, transportation, and export of iron ore.

Advanced MaterialsMining
Debt FinancingDec 17, 2024
Amount Raised: $150,000,000
Institut Pasteur de Dakar

Dakar, Dakar, Senegal

Institut Pasteur de Dakar is a biomedical research center that develops testing kits for infectious diseases and promotes public health.

BiotechnologyHealth CareHealth DiagnosticsMedical DevicePublic Safety
Debt FinancingDec 13, 2024
Amount Raised: $45,000,000
Standard Bank Group

Johannesburg, NA - South Africa, South Africa

Standard Bank Group is universal bank and provides full service in saving , lending and investment etc.

BankingFinancial ServicesVenture Capital
Post Ipo DebtDec 11, 2024
Amount Raised: $400,000,000
Transnet SOC Ltd

Johannesburg, NA - South Africa, South Africa

Transnet operates as an integrated freight transport company that aims ensure a globally competitive freight system.

Logistics
Debt FinancingDec 10, 2024
Amount Raised: $1,000,000,000
Ecobank

Lomé, Maritime, Togo

Ecobank is a modern pan-African financial institution providing financial solutions.

BankingFinanceFinancial Services
Post Ipo DebtNov 12, 2024
Amount Raised: $5,308,318
ETG

Dubai, Dubai, United Arab Emirates

ETG is one of the largest & fastest growing integrated agricultural conglomerates present across more than 48 countries.

AgricultureFood and BeverageInfrastructure
Debt FinancingOct 30, 2024
Amount Raised: $75,000,000