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Home > QFINANCE Dictionary > Definition of African Development Bank

Definition of

African Development Bank

Banking

bank supporting development in African countries a bank set up by African countries to provide long-term loans to help agricultural development and improvement of infrastructure.

Related definitions of "African Development Bank"

Recommended Further Reading (Term count)
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    by Peter Koveos, Pierre Yourougou
    Given the poor state of public-sector resources around the world, made even worse by the global financial crisis, governments have been seeking to enhance resources by attracting private sector participation. Such participation may be somewhat unstructured, or more formal. The public–private partnership (PPP) is one of the formal approaches to cooperation. PPP, in various forms, is not a new construct. The current frailties of the global economy...

Definitions of ’African Development Bank’ and meaning of ’African Development Bank’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’African Development Bank’ and other financial terms with our online QFINANCE Financial Dictionary.

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