African Development Bank

International Private company
BP 1387, Rue Joseph Anoma, Abidjan,  , Cote d'Ivoire
()225 20 20 55 29, 225 20 20 40 06 fax, http://www.afdb.org

Primary SIC: Foreign Trade & International Banks, Primary NAICS: International Trade Financing
Description: Finance: Multilateral development bank whose shareholders include 53 African countries and 24 non-African countries from the Americas, Asia, and Europe. The Bank Groups primary objective is to promote sustainable economic growth in order to reduce poverty in Africa. It achieves this objective by financing a broad range of development projects and programs. Due to political instability in Cote d'Ivoire, the Governors Consultative Committee, at a meeting in February 2003 in Accra, Ghana, decided to move the Bank to its current temporary location in Tunis, Tunisia.

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African Development Bank, News and Information

Zimbabwe Mining Report Q1 2009.(Report)
Mining & Minerals; 11/20/2009; 960 words; ...now only deals in the South African rand or the US dollar. However...are among the largest in the African region, while it hosts the...excess of US$30mn by Reserve Bank of Zimbabwe. The country...Political SWOT Industry Trends And Developments Overview Key Projects Business...

Angola Mining Report Q4 2009 Report Expects the Mining Sector to Reach a Value of US$94.78bn By 2013.(Report)
Biotech Week; 11/18/2009; 1862 words; ...ARM Eyeing Up Angola Mining concern African Rainbow Minerals (ARM) has expressed...much as 30% over 2009. Meanwhile, banks are cutting back on loans used by diamond...For Global Mining Industry Trends And Developments Business Environment Political Environment...

U.N. probes rich states' African land grab.
UPI Energy Resources; 11/12/2009; 952 words; ...purchases large tracts of African land. Some of these...corruption-riddled African governments that have...report titled Land Grab or Development Opportunity? Agricultural...Nations and the World Bank for the formulation of...FAO, found that many African states do not have legal...

Fears over Ivory Coast compensation.
Aljazeera.net; 11/12/2009; 614 words; ...money, which was deposited in a bank account in the West African country, was frozen. At the...corruption could be behind the latest developments in the case, which centres...was deposited in an Ivorian bank to be handed out, directly...

Nigeria: Nigerian companies seek refuge on the London Stock Exchange.
TendersInfo; 11/12/2009; 814 words; ...official of the Exchange told some African journalists last week. Richard...Manager, International Business development for Africa and Middle East...exchange - GTBank and Diamond Bank. Capital for growth Mr. Weber...Market and AIM. He said that African companies could raise the capital...

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