Back to Directory

African Development Bank Group

Organization's Acronym:
Web Address:
Email Address:
Published by:
Focus Region:
Middle East & North Africa
Sub-Saharan Africa
Focus Country:
Cote D Ivoire

The African Development Bank Group is a multilateral development finance institution operating in Africa since 1964. The overarching objective of the African Development Bank (AfDB) Group is to spur sustainable economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction.

The Bank Group achieves this objective by:

  • mobilizing and allocating resources for investment in RMCs; and
  • providing policy advice and technical assistance to support development efforts.

AfDB’s vision for the agriculture and rural development sector is to assume a leading catalytic role, within the next decade, in supporting the technological, institutional and policy changes that would trigger a lasting transformation of the rural economies of the regional member countries by empowering their rural populations to improve their productivity and real incomes in an equitable and environmentally sustainable manner.