African Development Bank

Investor type

PE / VC

Founded

1964

AUM

-

Location

Abidjan, Abidjan, Ivory Coast

Investment Ticket

$1-5 m

Investment Stage

Series B

Region of investment

Africa
Investor profile last updated: 27 August, 2026

Profile

The African Development Bank (AfDB) Group’s mission is to help reduce poverty, improve living conditions for Africans and mobilize resources for the continent’s economic and social development. With this objective in mind, the institution aims at assisting African countries – individually and collectively - in their efforts to achieve sustainable economic development and social progress. Combating poverty is at the heart of the continent’s efforts to attain sustainable economic growth. To this end, the Bank seeks to stimulate and mobilize internal and external resources to promote investments as well as provide its regional member countries with technical and financial assistance.

Industry

Construction Financial Services Industrial

Contacts

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Investment-team contacts for African Development Bank — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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FAQs about African Development Bank

African Development Bank is a venture capital and private equity firm. It backs companies at Series B, writing tickets of $1-5 m.
African Development Bank is located in Abidjan, Abidjan, Ivory Coast.
African Development Bank was founded in 1964.
African Development Bank invests in companies and startups in Construction, Financial Services, Industrial.
African Development Bank invests in companies and startups in Africa.
African Development Bank invests in companies and startups at Series B.
African Development Bank usually invests $1-5 m on average.
African Development Bank can be reached through its website afdb.org/en, its LinkedIn page and its X account. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for African Development Bank — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
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Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 27 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.