Concept information
Preferred term
African Development Bank
Definition
- Established in 1964 by 23 African governments, the African Development Bank Group manages the African Development Bank, the African Development Fund, and the Nigeria Trust Fund, to the end of social and economic improvements throughout Africa. Operations began in 1966 from an Abidjan, Cote d'Ivoire, headquarters, which has since been relocated to Tunis. [Source: Encyclopedia of Business in Today's World; African Development Bank]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/African_Development_Bank
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