What is the African Development Bank (AfDB)?

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What is the African Development Bank (AfDB)?

The African Development Bank (AfDB) is a regional multilateral development bank that aims to promote economic and social progress in Africa. It provides financial and technical assistance to African countries for various development projects and programs, including infrastructure development, agriculture, education, healthcare, and private sector development. The AfDB also plays a crucial role in fostering regional integration and cooperation among African countries. It was established in 1964 and is headquartered in Abidjan, Côte d'Ivoire.