What does AfDB mean in United Nations?

This page is about the meanings of the acronym/abbreviation/shorthand AfDB in the Governmental field in general and in the United Nations terminology in particular.

African Development Bank

Governmental » United Nations

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Definition

What does AfDB mean?

African Development Bank
The African Development Bank Group (AfDB) or Banque Africaine de Développement (BAD) is a multilateral development finance institution. 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. The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC). While it was originally headquartered in Abidjan, Côte d'Ivoire, the bank's headquarters moved to Tunis, Tunisia, in 2003, due to the Ivorian civil war; before returning in September 2014.

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"AfDB." Abbreviations.com. STANDS4 LLC, 2021. Web. 18 Jun 2021. <https://www.abbreviations.com/term/1996831>.

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