African Development Bank

The African Development Bank is a multilateral development finance institution headquartered in Abidjan, Ivory Coast, established in 1964 to support Africa's economic development and social progress. It funds development projects and programs through loans, lines of credit, guarantees, and equity-like instruments, and provides risk management, treasury services, and trade finance support. It also offers concessional loans and grants, along with technical assistance for project selection, studies, capacity building, and implementation. By mobilizing public and private investment for both sectors, the bank aims to spur poverty reduction, improve living conditions, and foster sustainable growth across African economies.

Ahmed Attout

Director

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

Nicholas Williams

Head, ICT Division

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 wholly owned by the Government of Uganda, established in 1972 as the country's first development finance institution. Its primary objective is to promote and finance development across various sectors of the economy, with a focus on agriculture, industry, tourism, housing, and commerce. UDBL offers debt financing facilities, including loans, specifically targeting small and medium-sized enterprises. The bank serves a diverse range of industries, including agriculture, construction, real estate services, and human capital services, aiming to stimulate economic growth and development in Uganda.
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