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The African Development Bank, encourages MyAfricanStartUp and entrepreneurship in Africa

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The African Development Bank is the Group's parent organization. It brings together 78 member countries made up of 53 independent African countries (regional members) and 25 non-African countries (non-regional members). The overarching objective of the African Development Bank (AfDB) Group is to spur sustainable economic development and social progress in its Regional Member Countries (RMCs).

The mission of the Private Sector Department is to ensure the Bank Group's participation in private sector development of Regional Member Countries (RMCs), by means of lending, equity participation, guarantee and technical assistance related to the financing of private sector projects and programs, including small and medium-size enterprises and privatization.