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Since 2019, African Development Bank has backed 4 African startups across 3 disclosed funding rounds totaling $1.6M, most heavily in Kenya and Agri Tech.
The African Development Bank Group is a multilateral development finance institution focused on advancing economic development and social progress in Africa. Its official website identifies it as the African Development Bank Group, and public sources place its headquarters in Abidjan, Côte d’Ivoire. In Africa, the bank has backed companies across grant, seed, and other financing stages. The recorded activity provided shows investments in Kenya, Egypt, and Ghana, with a focus on agri-tech and edtech. Backed companies include Apollo Agriculture in Kenya, iSchool in Egypt, and Farmerline in Ghana. The listed rounds span from June 2019 to April 2024.
Data updated · Aug 2, 2026
African Development Bank has backed 4 African startups across 3 disclosed funding rounds tracked on Liners, totaling $1.6M since 2019.
Mostly Grant: 1 of its 3 tracked rounds are at that stage, followed by Seed (1).
African Development Bank most often shares rounds with ASGC (1 shared deal), Nordic Development Fund (1 shared deal), Triodos Investment Management (1 shared deal).
The provided records list Apollo Agriculture, iSchool, and Farmerline as backed companies. These examples span agritech and edtech across East and West Africa.