Company Building LogoAfrican Development Bank
Overview

African Development Bank's Portfolio in Africa

African Development Bank has made over 11 notable investments in African startups. Their most recent investment was in Farmerline, announced on June 17th, 2019.
African Development Bank's Latest news
Egypt's Irrigation Minister, Director of Water Department at the African Development Bank discuss cooperation - Daily News Egypt

Civil Society Forum 2022 - African Development Bank President Reaffirms Critical Role of Civil Society in Achieving Climate Goals Towards COP27 - AllAfrica - Top Africa News

Morocco - African Development Bank Group Executive Directors Take Note of Country's Development Progress - AllAfrica - Top Africa News

Nigeria - African Development Bank Approves $25 Million Trade Finance Facility for Fsdh Merchant Bank for Local SMEs - AllAfrica - Top Africa News

African Development Bank's Investment activity in Africa

With over $101.4M invested in African startups, their latest investment was a Grant round in Farmerline, announced on June 17th, 2019, closing at an undisclosed amounts.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Pre-seed
Kouncel
EgyptFeb 28, 2022Undisclosed
Grant
Releaf
NigeriaNov 19, 2020$ 20,000
Grant
M-KOPA
KenyaMar 17, 2021$ 300,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

Upgrade to StartupList Africa PRO for unlimited access to this list.

Unlock Access to Full List

African Development Bank's Investment Distribution in Africa.

African Development Bank's currently has Startuup investments spread across the following location(s)

Unlock more Data

Access more Data and functionalities with our PRO plan.