African Development Bank

African Development Bank (AfDB), established in 1964 and headquartered in Abidjan, Ivory Coast, operates as a multilateral development finance institution. It offers loans, guarantees, risk management products, trade finance, treasury services, equity investments, and technical assistance to support development projects and programs across Africa. AfDB collaborates with national and international institutions to facilitate public and private sector investments aimed at economic growth and social progress. Its concessional financing window, African Development Fund (ADF), provides low-income countries with grants, loans, guarantees, and capacity-building support for poverty reduction initiatives.

Ahmed Attout

Director, Financial Sector Development Department

Mahib Cissé

Chief Investment Officer

Kevin Kariuki

Vice President - Power, Energy, Climate and Green Growth

Arun Kumar

Principal Investment Officer

Solomon Adegbie Quaynor

Vice President, Private Sector, Infrastructure and Industrialization

Past deals in Uganda

Rural Electrification Agency

Debt Financing in 2024
Rural electrification agency is a renewables & environment company based out of Uganda.

Uganda Development Bank

Debt Financing in 2018
Uganda Development Bank Limited (UDBL) is a public enterprise owned by the Government of Uganda and operates as a Development Finance Institution (DFI). Established in 1972, it was the first development finance institution in the country, with a primary objective of promoting and financing development across various sectors of the economy, particularly agriculture, industry, tourism, housing, and commerce. UDBL offers debt financing options, including loans, to small and medium-sized enterprises, supporting industries such as agriculture, construction, real estate services, and human capital services, among others. The bank plays a crucial role in facilitating economic growth and development in Uganda.
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