Since its founding, AfDB has financed 2,885 operations, for a total of $47.5 billion. The U.S. has a 6.5% stake in the AfDB, the largest shareholding after Nigeria, which held 9.1%, as of November. A draft accord was submitted to top African officials then to the Conference of Finance Ministers on the Establishment of an African Development Bank. African Development Bank. [citation needed]. "PM to inaugurate Annual Meetings of African Development Bank", "The Prime Minister Shri Narendra Modi will inaugurate the Annual Meetings of the African Development Bank (AfDB) on 23rd May, 2017; it is the first time in the history of AfDB Group that India would be hosting the Annual Meetings", "African Development Bank's meet: India-Africa relationship enters new phase", "Climate Finance Day: financing a just transition", "Fact Box: 52nd Annual General Meeting of African Development Bank (AfDB)", "The African Development Bank Annual Meeting in India sets new milestones for Africa-Asia relations", "52nd Annual Meeting of African Development Bank-2017, Gandhinagar (May 22-26, 2017)", http://www.afdb.org/fileadmin/uploads/afdb/Documents/Boards-Documents/statement_of_voting_power_as_at_31_december_2014.pdf, "Nigeria: Ahead of Adesina's Re-Election, Nigeria Doubles AfDB Voting Rights", African Development Bank page for African Development Fund, African Development Bank page for Nigeria Trust Fund, Regional Development Banks: Stepping Out of the Shadows - The African Development Bank, Past Presidents of the African Development Bank, Building Africa's Development Bank: Six Recommendations for the AfDB and its Shareholders, African Court on Human and Peoples' Rights, African Charter on Human and Peoples' Rights, African Commission on Human and Peoples' Rights, International development and investment banks, European Bank for Reconstruction and Development, International Bank for Reconstruction and Development, https://en.wikipedia.org/w/index.php?title=African_Development_Bank&oldid=992033319, International organizations based in Africa, United Nations General Assembly observers, Intergovernmental organizations established by treaty, Articles with dead external links from October 2016, Articles with permanently dead external links, Articles with unsourced statements from May 2020, Creative Commons Attribution-ShareAlike License, African Development Bank Group (African Development Bank, African Development Fund, Nigeria Trust Fund), Institutional capacity building through assistance of policy/strategy formulation and implementation, Human capital development to create an environment for the operation of national AIDS strategies through training and technical assistance support, HIV/AIDS multi-sectoral responses with emphasis on prevention and control interventions that include IEC (Information, Education and Communication), STI (, Advocacy through participation in international and regional forums to raise political commitment and leadership towards a collaborative effort in the fight against the pandemic among RMCs and development partners, Partnership development with a view of forging new alliances and revitalizing existing collaboration to cover critical development concerns such as HIV/AIDS and to bringing partnership activities within the framework of the bank's vision, This page was last edited on 3 December 2020, at 03:18. The ICA was established by G8 countries to coordinate and encourage infrastructure development in Africa, focusing on regional infrastructure development in particular. Prominent among the recommendations is a strong focus on infrastructure. Adesina is up for reelection in August 2020. Following the end of the colonial period in Africa, a growing desire for more unity within the continent led to the establishment of two draft charters, one for the establishment of the Organisation of African Unity (established in 1963, later replaced by the African Union), and for a regional development bank. The following table are amounts for the 20 largest countries by voting powers at the African Development Bank as of December 2014. Ireland fulfilled those requirements, having made payments for its initial subscriptions and also depositing its instrument of ratification of the Bank Agreement with the United Nations, the statutorily appointed depositary and its initial deposit of the instrument of acceptance of the Fund Agreement with the Secretary-General of the Bank Group. "The African Development Fund" United Nations Convention to Combat Desertification (UNCCD) 2004, no longer available (2006). “This marks an important deepening of Ireland’s long-standing partnership with Africa. In 2003, it received an AAA rating from the major financial rating agencies and had a capital of $32.043 billion. All member countries of the AfDB are represented on the AfDB Board of Executive Directors. This is a biennial global knowledge event with the main objective of facilitating discourse on the role of development evaluation in supporting African countries to speed up the delivery of the SDGs. African Development Bank's(AfDB) 4th annual conference outside Africa held in India (Gandhinagar, Gujarat) on May 22-26, 2017, at an event inaugurated by India's Prime Minister Narendra Modi. 10-Dec-2020. Save my name, email, and website in this browser for the next time I comment. Your Excellency, President Alassane Ouattara, President of the... Malawi will receive $45.07 million to finance the government’s response to the health, social and economic impacts of the COVID-19 pandemic, following a decision... Funds from the African Development Bank’s (AFDB) ongoing Science and Technology Development Project have been committed towards two research projects to mitigate the novel... 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