How we work

The African Development Bank (ADB) is Africa’s premier development finance institution which is dedicated to combating poverty and improving living conditions across the continent. The ADB is also engaged in mobilizing resources for the economic and social progress of its Regional Member Countries.

The Bank’s mission is to promote economic and social development through loans, equity investments and technical assistance.

Financing of the public sector
This section contains the principal loan terms and conditions that the African Development Bank offers to regional member countries or public entities that benefit from a state guarantee. A loan qualifies as a Guaranteed Loan if it is made to a Regional Member Country or if it is supported by the full faith and credit of the Member Country in whose territory the Borrower is domiciled or, in the case of loans to multinational institutions, if it is guaranteed by a Member Country or by Member Countries in whose territory (ies) the Borrower shall execute the project.