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Banque africaine de développement (BAD)

Public data, unclaimed profile

The continent's multilateral development institution. Its private-sector window provides loans, guarantees and equity to African companies and projects.

At a glance

Based on observed investment behaviour: 6 recorded deals

Investor type
Development finance institution (inferred, not verified)
Capital type
Development finance institution (inferred from profile)
Observed ticket
16.5 M$, median 16.5 M$ (1 disclosed amount)
Countries
Cameroon (4), Kenya (1), Nigeria (1)
Activities
Renewable power plants: solar, wind, hydro, geothermal, biogas (2), Banking (1), SME finance (1)
Instruments
Senior debt (4), Equity (1), Guarantee (1)
Stages
Debt (4), Growth (2)
Recent activity
3 deals in 12 months, latest May 2026

Stated thesis versus observed behaviour

  • Sectors: 100% of its deals within its stated thesis
  • Countries: 100% of its deals within its stated thesis

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Describe your need: the target list shows, for each source of capital, why it fits and which deals prove it.

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Investment thesis

Criteria published by the fund, recorded and checked by Invest Matching.

Investment ticket
n/a
Instruments
Senior debt, Equity, Guarantee, Grant
Preferred sectors
Energy, Agribusiness, Transport & civil engineering, Water & environment, Financial services, Manufacturing, Healthcare, Education, Telecoms & digital infrastructure
Target geographies
West Africa, East Africa, Central Africa, Southern Africa, North Africa
Stages (stated by the fund and from its deals)
GrowthDebt

Deals in progress

Bank of Industry (BOI)

May 2026 · Nigeria
ApprovedDebt200 M$Senior debtFinancial servicesLead

Approved by the AfDB Board on 15 May 2026; signing not published.

Activity : SME finance

Instrument : US$200m medium- and long-term facility; at least 30% for SMEs, priority to women- and youth-led businesses

On-lending to SMEs in infrastructure, agro-processing, health and green industry.

Why they invested

  • SME credit lines through national development banks

Source : afdb.orgN1 · Primary source

CCA-Bank (Crédit communautaire d'Afrique)

December 2025 · Cameroon
ApprovedDebt28.75 M$GuaranteeFinancial servicesLead

Approved by the AfDB Board on 1 December 2025.

Activity : Banking

Instrument : EUR 25m trade finance facility: EUR 15m 3.5-year line and EUR 10m 3-year transaction guarantee

SME trade finance (equipment imports).

Source : afdb.orgN1 · Primary source · Other sources : Ecofin

Reference deals

Recent public deals: they say better than a thesis what the fund actually signs.

OrPower Twenty-Two Limited (OTTL)

January 2026 · Kenya
Growth16.5 M$Senior debtEnergyCo-Invest

Activity : Renewable power plants: solar, wind, hydro, geothermal, biogas

Instrument : loan of $16.5 million

Independent power producer developing a 35 MW geothermal power plant in the Menengai geothermal field.

Why they invested

  • Increase Kenya's baseload electricity generation capacity
  • Accelerate the country's clean-energy transition
  • Diversify the energy mix
  • Reduce reliance on diesel generation

Co-investors IFC (International Finance Corporation)

Source : afdb.orgN1 · Primary source

Nachtigal Hydro Power Company (NHPC)

December 2018 · Cameroon
GrowthUndisclosed amountEquityEnergyCo-Invest

Co-investor alongside Africa50

Activity : Renewable power plants: solar, wind, hydro, geothermal, biogas

Instrument : 15% equity stake

NHPC develops and operates the 420 MW Nachtigal hydropower plant and its associated transmission line.

Why they invested

  • Increase reliability of Cameroon’s power sector
  • Expand access to electricity
  • Mobilize private financing for strategic energy infrastructure

Co-investors Africa Finance Corporation (AFC), European Investment Bank, British International Investment, DEG, EDF, Emerging Africa Infrastructure Fund, FMO, IFC (International Finance Corporation), OPEC Fund for International Development, Proparco, République du Cameroun, STOA

Source : africa50.comN1 · Primary source

Kribi Power Development Company (KPDC)

January 2012 · Cameroon
DebtUndisclosed amountSenior debtEnergyCo-Invest

Co-investor alongside IFC (International Finance Corporation)

Activity : Centrale à gaz

Instrument : Dette syndiquée coordonnée par l'IFC avec prêts parallèles ; FMO 18 M EUR ; syndicat local mené par Standard Chartered (env. 60 M EUR)

216 MW gas-fired plant and 100 km line.

Co-investors BDEAC (Banque de développement des États de l'Afrique centrale), European Investment Bank, FMO, Proparco, Standard Chartered

Source : fmo.nlN1 · Primary source · Other sources : FMO

Dibamba Power Development Corporation

May 2011 · Cameroon
DebtUndisclosed amountSenior debtEnergyCo-Lead

Activity : Centrale thermique

Instrument : 66 M EUR de prêts : BAD, IFC et FMO, 22 M EUR chacun

86 MW thermal plant near Douala.

Co-investors FMO (Co-Lead), IFC (International Finance Corporation) (Co-Lead)

Source : afdb.orgN1 · Primary source · Other sources : BAD

In short

Banque africaine de développement (BAD) invests across the following sectors: Energy, Agribusiness, Transport & civil engineering, Water & environment, Financial services, Manufacturing, Healthcare, Education, and Telecoms & digital infrastructure, in the following areas: West Africa, East Africa, Central Africa, Southern Africa, and North Africa. Check in 30 seconds whether your company fits these criteria.