African Development Bank logoAfrican Development Bank

Overview Powered by AI

African Development Bank: A Catalyst for African Innovation Providing crucial financial support through grants and debt financing, the African Development Bank has played a transformative role in the continent's technology ecosystem. Their portfolio boasts success stories like Farmerline, Kouncel, and SA Taxi, showcasing their commitment to fostering African innovation.

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 $102.8M invested in African startups, their latest investment was a Seed round in iSchool, announced on March 21st, 2022, closing at $1.4M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Pre-seed
Kouncel
EgyptFeb 28, 2022Undisclosed
Grant
Pine Kazi
KenyaApr 01, 2021$ 2,000
Seed
iSchool
EgyptMar 21, 2022$ 1,400,000
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.