African Development Bank Group

African Development Bank Group

Release Date : 2018-01-24 16:52:35

[Brief Introduction]

The overarching objective of the African Development Bank (AfDB) Group is to spur sustainable economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction.

[Strategy for 2013-2022]

The African Development Bank’s Strategy for 2013–2022 reflects the aspirations of the entire African continent.

This Strategy is designed to place the Bank at the center of Africa’s transformation and to improve the quality of Africa’s growth. It aims to broaden and deepen that process of transformation, mainly by ensuring that growth is shared and not isolated, for all African citizens and countries, not just for some. It also aims to bring about growth that is not just environmentally sustainable, but also economically empowering. When growth is inclusive as well as “green”, it creates the jobs that the continent needs now and that it will need in ever greater numbers as millions more young people enter the job market, with energies and aspirations to match.

The Strategy is built around two objectives, supported by five operational priorities in which the Bank has unmatched advantage, expertise, access and trust.


Editor: Yaling

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