African Development Bank Group (AfDB)

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African Development Bank Group (AfDB) Jobs in Tanzania.

The African Development Bank Group or Banque Africaine de Développement is a multilateral development finance institution. The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund.

 

 

Mission and Objective

The overarching objective of the African Development Bank (AfDB) Group is to spur sustainable economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction.

 

The Bank Group achieves this obective by:

Mobilizing and allocating resources for investment in RMCs; and Providing policy advice and technical assistance to support development efforts.

 

In 2000, all multilateral development institutions have agreed on a same set of objectives, called the Millenium Development Goals (MDG).

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