African Development Bank Group (AfDB)
Company description
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 by 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. The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC).
Company details
Participation in projects
Deals as Financial advisor per Country ()
Deals as Financial advisor per Subsector ()
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The company has not participated in any projects.
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Company updates
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December 06, 2024
Multimillion Rail Corridor Project gained momentum following President Biden's visit to Angola
The Zambia-Lobito Rail project, which has the Africa Finance Corporation (AFC) as the lead developer, has received pivotal support from the US president's just-concluded visit to Angola.
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January 03, 2024
Concession contract signed to operate container terminal at Port of Lobito in Benguela
Africa Global Logistics (AGL) has signed a concession contract to operate the multipurpose container terminal at the Port of Lobito in Benguela Province, Angola. AGL is set to oversee container...
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December 22, 2023
Contract awarded for Gouga - Bossarangba road section work in Central African Republic
Central African Republic's Ministry of Equipment and Public Works has awarded Turkey's Metag Insaat Ticaret a US$59.7 million contract to carry out road works. The agreement constitutes the init...
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December 08, 2023
EOI Requested for Kampala City Roads Rehabilitation Project (KCRRP)
The government of Uganda has invited consultants to express interest in updating the detailed design of a Bus Rapid Transit (BRT) system for the Greater Kampala Metropolitan Area (GKMA) in Uganda. Th...
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December 07, 2023
Ugandan Government Advances Selection Process for Kampala-Jinja Expressway PPP Project
The Uganda National Roads Authority (UNRA) has conducted a field visit for the Kampala - Jinja Expressway together with its financing partner, the IFC and donors the French Develop...
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December 05, 2023
Bids invited for Windhoek Hosea Kuta International Airport dual carriage freeway street lighting system project
The Roads Authority of Namibia has invited bids for the design, engineering, procurement, delivery, and installation of an LED street lighting system for the Windhoek Hosea Kuta International Airport...
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November 30, 2023
US$196 million loan approved to modernise Namibian rail
The African Development Bank has loaned Namibia US$196 million towards the second phase of its Transport Infrastructure Improvement Project (TIIP). The funding constitutes 52% of the overall project...
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November 22, 2023
MoU signed for Zambia-Lobito railway and Lobito Corridor Project
The African Development Bank (AfDB) has signed a memorandum of understanding (MoU) to mobilize resources for the Zambia-Lobito railway and the Lobito Corridor, which connects Angola, the Democratic Re...
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October 30, 2023
Bids invited for road corridor improvement project in Guinea Bissau
Guinea Bissau’s General Directorate of Transport Infrastructure has invited bids for the first phase of the Bissau-Dakar road corridor improvement project covering the Farim-Tanaff-Sandinie...
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October 23, 2023
Bids invited for Ngoma river water supply system (phase 1) construction project in Rwanda
Rwanda’s Water and Sanitation Corporation has invited bids without prequalification for the construction of the Ngoma River water supply system, phase 1. The project will involve the cons...
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