African Development Bank

The African Development Bank (AfDB) is a regional multilateral development bank focused on promoting economic and social development across African countries. Established in 1964, it provides financial and technical assistance for projects aimed at reducing poverty, improving infrastructure, and fostering sustainable growth. By lending money, offering expertise, and collaborating with governments and organizations, the AfDB helps to enhance education, healthcare, and infrastructure, contributing to the continent's overall development and integration into the global economy. The bank plays a vital role in addressing challenges like climate change and economic inequality in Africa.