Resources on Faith, Ethics and Public Life

African Development Bank Group

The African Development Bank Group (AfDB), founded in 1964, supports economic and social development through resource mobilization and technical and financial assistance, as well as by promoting and facilitating local, national, and global investment in the continent. Since 2000 the Millennium Development Goals have provided more specific guidance for the group's work; its current strategic goals target infrastructure, higher education, regional integration, and governance. It is also a major partner in the New Partnership for Africa's Development (NEPAD). The group is composed of the African Development Bank, the African Development Fund, and the Nigeria Trust Fund. Members include 53 African countries and 24 non-African countries. While Abidjan, Côte d’Ivoire houses the group's official headquarters, political instability there has prompted the group to operate out of Tunis, Tunisia since 2003.

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