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African Development Bank

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African Development Bank

Organization founded 1963 to promote and finance economic development across the African continent. Its members include 51 African and 25 non-African countries. Its headquarters are in Abidja'n, Côte d'Ivoire.



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"This is a bailout of the IMF [International Monetary Fund], the World Bank and the African Development Bank.
A few days after the Bush-Blair news conference, the United States and Britain agreed to a $40 billion debt relief program through the World Bank, International Monetary Fund, and African Development Bank.
Other organizations which have already said that they will seek to use the Commission's guidelines include: the Export-Import Bank of the United States, which has supported many large dams built by American firms in developing countries; the Department for International Development of the British Government; and the African Development Bank.
 
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