[1][2] The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC).

This conference was convened by the United Nations Economic Commission for Africa (UNECA) in Khartoum, Sudan, from July 31 to August 4.

According to the AfDB, the inclusion of non-regional members helped contribute to economic and social development through low-interest loans, additional banking expertise and access to markets outside of the region.

[7] From February 2003 to September 2014, the bank operated from its Temporary Relocation Agency in Tunis, Tunisia, owing to the prevailing political conflict in Ivory Coast during the Ivorian civil war at the time.

[10] In the African Development Bank's (AfDB) 2022 Annual Report, a decrease in Africa's GDP growth to 3.8%, down from 4.8% the previous year, was recorded.

The 16th replenishment of the African Development Fund (ADF-16), which provides soft loans and grants, served as a significant financial enhancement, gathering US$8.9 billion.

Dr. Akinwumi Ayodeji Adesina is the 8th elected [1] President of the African Development Bank Group, having taken the oath of office on September 1, 2015.

The Governors typically appoint a representative from their country to serve in the offices of the AfDB's Board of Executive Directors.

Day-to-day decisions about which loans and grants should be approved and what policies should guide the AfDB's work are taken by the Board of Executive Directors.

Each member country is represented on the Board, but their voting power and influence differs depending on the amount of money they contribute to the AfDB.

[18] The African Development Bank uses a Unit of Account which is registered as ISO 4217, whose standard currency code is XUA.

[19] The AfDB's mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region.

The AfDB is also required to give special attention to national and multinational projects which are needed to promote regional integration.

[23] The AfDB promotes economic development and social progress of its RMCs in Africa and the bank commits approximately $3 billion annually to African countries.

AfDB emphasizes the role of women along with education reforms, and lent its support to key initiatives such as debt alleviation for Heavily Indebted Poor Countries and the New Partnership for Africa's Development (NEPAD).

The infrastructure sector, including power supply, water and sanitation, transport and communications, has traditionally received the largest share of AfDB lending.

The AfDB has five policies towards securing Africa's future through health funding: The bank's contribution in the fight against HIV/AIDS is estimated at over UA 500 million.

The bank is among the initiating partners of "AIDS in Africa – Scenarios for the future," a project whose outcome will enable governments and development partners alike to make strategic choices of current and future development paths and define their activities accordingly in order to face the challenges posed by HIV/AIDS.

Although there is no official statement or consensus to this effect, AfDB lending for agriculture, (non-infrastructure) rural development and social sectors, such as health and education, is reportedly likely to decrease over the coming years.

The report contains six recommendations for management and shareholders as they address the urgent task of reforming Africa's development bank.

[citation needed] While the AfDB's lending had not expanded significantly in recent years, 2006 figures indicate that things may be changing.

The studies conducted by various organizations (including the African Development Bank and the World Bank) show that, with the exception of northern and southern Africa, the United Nations Millennium Development Goals (reducing by half the number of persons living in poverty and without access to potable water by 2015) will in most cases not be attained.

Note: All countries in the African Union including Mauritania but excluding the SADR are eligible for NTF benefits.

The following table are amounts for the 20 largest countries by voting powers at the African Development Bank as of September 2021.