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AFRICAN DEVELOPMENT BANK (ADB)
Author(s) -
R. Quentin Grafton,
Harry W. Nelson,
N. Ross Lambie,
Paul R. Wyrwoll
Publication year - 2006
Publication title -
africa research bulletin: economic, financial and technical series
Language(s) - English
Resource type - Journals
eISSN - 1467-6346
pISSN - 0001-9852
DOI - 10.1111/j.1467-6346.2006.00506.x
Subject(s) - citation , library science , political science , computer science
The African Development Bank Group is a substantial multilateral development bank that aims to promote sustainable economic growth and reduce poverty in its regional member countries (RMCs). Founded in 1964, the Bank Group consists of three separate but connected institutions: 1. the African Development Bank (AfDB) 2. the African Development Fund (AfDF), and 3. the Nigeria Trust Fund (NTF). AfDB’s mission is to promote sustainable economic growth and reduce poverty in Africa. AfDB’s 2008–12 medium term strategy outlines a selectively improved operational focus in infrastructure, governance, developing robust private sector interventions, and promoting higher education. Delivering Results