African Development Bank (AfDB)

The African Development Bank (AfDB) is a regional multilateral development bank established to foster economic and social development in African countries. Founded in 1964, it provides financial and technical assistance for projects aimed at reducing poverty, enhancing infrastructure, and promoting sustainable development across the continent. The bank funds initiatives in various sectors, including agriculture, education, and health, and it works with governments and private sector partners to spur growth and improve living conditions. By investing in Africa's development, the AfDB aims to create a better future for its member countries and their populations.