July 31, 1963, June 11 (mao), the African Development Bank decided to set up.

1963 7, 31, held in Khartoum, the African National Financial Conference Agreement, decided to set up the African Development Bank. Formally established in September 1964. Commenced operations in July 1966. Original provisions to absorb only independent African countries as member states, as modified, the United States, Japan, West Germany, Canada, France and other 21 non-regional countries to join in 1979. May 1985, 75 Member States (including 54 African countries). Its purpose is "to help the African continent to develop an overall strategy," the coordination of national development plans, and provide funds for economic and social development of the member states, in order to achieve "economic integration in Africa. With four financial institutions such as the African Development Fund, the African Development Bank Group. 1980 for African countries to provide loans of up to $ 2.5 billion. [L $ dj��.c��m]