African Development Bank

African Development Bank At A Glance

Humanitarian & Development Aid $32,418,000 (2017)
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A multilateral development finance institution established to contribute to the economic development and social progress of African countries, and the parent organization of the African Development Bank Group.

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Established on August 4, 1963 (effective date: September 10, 1964), the African Development Bank (AfDB) seeks to "to contribute to the economic and social progress of its regional member countries - individually and collectively." To that end, it aims to "stimulate and mobilize internal and external resources to promote investments as well as provide Regional Member Countries (RMCs) with technical assistance." Originally, only independent African countries were eligible for membership, but in 1982 non-regional members were permitted entry in order to provide greater investment capital and additional expertise. Having steadily expanded its scope, the AfDB provides financing for projects, policy-based reforms, technical assistance, and debt reduction, among other things. Resources are derived from member countries’ subscriptions, borrowings on financial markets, loan repayments, and contributions from states participants, especially non-regional member countries. To date, the AfDB has disbursed more than 3,639 loans and grants amounting to over $92 billion. The AfDB is the parent organization of the African Development Bank Group, which also includes the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). It is one of the five multilateral development banks (MDBs); the remaining MDBs are the World Bank, the Asian Development Bank, the European Bank for Reconstruction and Development, and the Inter-American Development Bank.

Military vs. Economic Aid

Security Assistance Monitor tracks all available data about U.S. security and humanitarian & development assistance provided to this country. For a dollar amount breakdown of how much aid this country receives and which programs are supplying assistance, click "view data set." Note: This year's figures reflect the U.S. government's estimates of expected spending, and numbers for next year represent the administration's request to Congress.
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Trainees

Security Assistance Monitor tracks all available data about the United States' training of this country's security forces. For information about how the number of security forces trained each year by the United States, including detailed information about the subject of the training, where that training takes place, and who is being trained, click "view data set."
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Arms Sales

Security Assistance Monitor tracks all available data about U.S. arms sales to this country. For detailed information on equipment, weapons and military services sold to this country, click "view data set." Note: This is not grant aid: these are items that governments purchase with their own funds.
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