African Development Bank

Public bodyCote D'Ivoire (Ivory Coast)afdb.org

Its role Investor / Financier

projects tracked
3
active
1
countries
2
partner companies
11

The African Development Bank Group (AfDB), also known in French as Banque Africaine de Développement, is a multilateral development finance institution established in 1964 and headquartered in Abidjan, Côte d’Ivoire. The Group comprises the African Development Bank, the African Development Fund, and the Nigeria Trust Fund. With a membership of regional and non-regional countries, its mandate is to promote sustainable economic development and social progress across Africa through sovereign and non-sovereign lending, grants, equity investments, guarantees, technical assistance, and policy dialogue, while mobilizing co-financing and private capital.

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AfDB’s operations span infrastructure, energy, water and sanitation, agriculture, industrialization, trade facilitation, and climate resilience—areas that intersect with the chemical and materials value chain. Its financing and advisory work support enabling infrastructure, industrial parks, and private-sector development, as well as environmental and social safeguards and capacity building. The Bank’s programs often target improvements in manufacturing competitiveness, supply chains, and resource efficiency, which can influence downstream sectors such as industrial processing and agricultural inputs.

Also known as Banque Africaine de Développement.

Projects AfDB is involved in

chemXplore tracks 3 projects involving AfDB, of which one is active.

  1. none Announced / Concept
  2. none FEED / Pre-FID
  3. none FID / Sanctioned
  4. 1 project Under Construction
  5. none Commissioning & Start-up

Besides this one, the record holds 2 completed projects.

Active projects

Closest to start-up first.

The 2 that are completed, on hold or cancelled are in the record. See all 3 in chemXplore →

What moved recently

  • 28 October 2026 Scatec Dandara Phase 1 569 MWp Solar PV and 100 MWh BESS, Qena, Egypt · Under Construction · Egypt
  • 12 August 2026 Scatec Obelisk 1.1 GW Solar PV and BESS, Nagaa Hammadi, Egypt · Operational / Completed · Egypt
  • June 2026 Indorama Eleme Third Fertilizer Line, Port Harcourt, Nigeria · Operational / Completed · Nigeria

AfDB in chemical industry news

29 October 2026
EIB finances up to $90m for Scatec-led Dandara 569 MWp solar and 100 MWh BESS in Egypt

Phase 1 will deliver 569 MWp PV plus 100 MWh battery, supply EgyptAlum under a long‑term PPA, target ~1,500 GWh first‑year output and commercial operations in April 2028.

26 October 2026
European Commission launches T‑MED Investment Platform with up to €4.5bn EFSD+ guarantees

Platform will match Mediterranean renewable and clean‑tech projects with financiers, tackle permitting and grid barriers, and aims to mobilise €25bn and upskill 10,000 workers by 2035.

24 September 2026
TOYO completes third fertilizer line for Indorama in Nigeria

Third line comprises 2,300 t/d ammonia and 4,000 t/d single-line urea (ACES21™); built adjacent to existing Port Harcourt complex; awarded 2023, completed June 2026.

Where its projects are

active all projects

  • Egypt 1 active project, 2 in all
  • Nigeria 0 active projects, 1 in all

Partners on its projects

The 6 sharing the most projects, of 11.