African Development Bank’s (AfDB) logoAfrican Development Bank’s (AfDB)

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AfDB: Catalyst for African ventures, notably BURN. Venture-focused with unique blended finance & policy influence, fostering sustainable growth where traditional VCs fear to tread.

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African Development Bank’s (AfDB)'s Portfolio in Africa

African Development Bank’s (AfDB) has made over 1 notable investments in African startups. Their most recent investment was in BURN, announced on July 22nd, 2025.
African Development Bank’s (AfDB)'s Latest news
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African Development Bank’s (AfDB)'s Investment activity in Africa

With over $5M invested in African startups, their latest investment was a Venture round in BURN, announced on July 22nd, 2025, closing at $5M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Venture
BURN		KenyaJul 22, 2025$ 5,000,000
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

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African Development Bank’s (AfDB)'s Investment Distribution in Africa.

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

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