About African Development BankThe African Development Bank (AfDB) Group is a multi-lateral development finance institution established to contribute to the economic development and the social progress of African countries. The African Development Group comprises three entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). The AfDB Group is one of the five major multilateral development banks in the world that provides assistance to its regional member countries with a view to helping them achieve their development goals. Combating poverty is at the heart of the AfDB's effort to assist the continent to attain sustainable economic growth. The AfDB Group seeks to stimulate and mobilize internal and external resources to promote investments as well as provide Regional Member Countries (RMCs) with technical assistance.
The AfDB Group supports policy reforms, capacity building, knowledge sharing, studies and preparation of development projects. The AfDB's strategic areas include: the private sector, supporting economic and governance reforms; promoting higher education, technology and vocational training; and promoting regional integration. Through these core investment areas the AfDB Group provides support to fragile states, low income countries, middle-income countries, agriculture and rural development, social and human development, the environment and climate change, and gender issues.
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