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About African Development Bank Group

African Development Bank Group African Development Bank Group The African Development Bank Group – Fast Facts Founded 1964 Constituent Institutions The African Development Bank (ADB) The African Development Fund (ADF) The Nigeria Trust Fund (NTF) Shareholders 54 African countries (regional member countries) 27 non-African countries (non-regional member countries) Mission To promote sustainable economic growth and reduce poverty in Africa. Authorized Capital at December 31, 2013 UA 66.98 billion Subscribed Capital at December 31, 2013 UA 65.21 billion Paid-up Capital at December 31, 2013 UA 4.96 billion Callable capital as of December 31, 2013 (ADB) UA 60.25 billion Total reserves as of December 31, 2013 (ADB) UA 2.86 billion Approved Operations, 2013 317 operations totalling UA 4.39 billion, financed as follows: ADB: UA 1.83 billion ADF: UA 2.27 billion NTF: UA 31.2 million Special Funds: UA 253.4 million Of which: Loans: UA 2.86 billion (93 operations) Grants: UA 697.0 million (114 operations) HIPC: UA 22.3 million (2 operations) Equity Participations: UA 99.5 million (10 operations) Guarantees: UA 431.7 million (6 operations) Loan Reallocation: UA 17.8 million (1 operation) Special Funds: UA 253.4 million (91 operations) Sector Approvals, 2013 Infrastructure: UA 2.05 billion (57.6 percent of total loans and grants) Social: UA 334.8 million (9.4 percent) Multisector: UA 449.2 million (12.6 percent ) Finance: UA 288.0 million (8.1 percent) Agriculture and Rural Development: UA 428.7 million (12.0 percent) Environment: UA 9.2 million (0.3 percent) Urban development: UA 0.3 million (0.01 percent) Total Cumulative Loan and Grant Approvals, 1967–2013 4,003 loans and grants totalling UA 67.22 billion
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