# African Development Bank: portfolio, investments and team > African Development Bank is a vc firm based in Tunisia. 2 investments on record, 1 in the last 12 months, latest Jun 2026. Source: https://millionrounds.com/fund/african-development-bank (Millionrounds; every figure on the page links to its filing or article) Tunisia · [Investor](https://millionrounds.com/investors) # African Development Bank Last cheque observed Jun 2026; 2 cheques on record. Deploying now VC firm Biopharma Health Care Deploying now **100%** of best year **1** **cheques in 12 months**, 2 on record Since the last cheque **141** days **00** hrs **00** min **00** sec Median round **$43M** Rounds led **1 of 2** Sole investor **1 rounds** Pitch African Development Bank ## African Development Bank highlights - 01 1 cheques in the last 12 months - 02 Sole investor in 1 rounds, median $10M ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Biopharma Health Care - **Based in:** Abidjan, Tunisia - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **2 appearances** - **2026** 1 round - **Jun** **[ARM-Harith Infrastructure Investments Limited](https://millionrounds.com/company/arm-harith-infrastructure-investments-limited)** NG · ARM **$76M** With 1 other - **2025** 1 round - **Feb** **[ARM-Harith Successor Infrastructure Equity Fund](https://millionrounds.com/company/arm-harith-successor-infrastructure-equity-fund)** NG · Firms' own news pages **$10M** *Led* An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. Funds they back ## 1 fund commitment on record - **Managers:** 1 Every fund on record that it has committed money to, and the managers who invest it. Source: fund news. Managers it backs most - [ARM-Harith Infrastructure Investments Limited 1 fund](https://millionrounds.com/fund/arm-harith-infrastructure-investments-limited) Most recent commitments - [ARM-Harith Infrastructure Investments Limited Successor Fund](https://millionrounds.com/fund/arm-harith-infrastructure-investments-limited) ## The cheque Median round joined **$43M** the round, not its cheque Alone, median **$10M** Led 1 of 2 rounds **50%** - **Sole investor:** 1 rounds - **Last cheque:** Jun 2026 Cheques by month Led Joined Nov 2023 Oct 2026 **Pitching African Development Bank?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Quick answers about African Development Bank ### What does African Development Bank invest in? African Development Bank says it invests in Biopharma and Health Care. ### How active is African Development Bank? 2 investments on record, 1 of them in the last 12 months, and it led 1. The most recent was in Jun 2026. ### What has African Development Bank invested in recently? Its most recent investments on record: ARM-Harith Infrastructure Investments Limited (Undisclosed round, Jun 2026) and ARM-Harith Successor Infrastructure Equity Fund (Undisclosed round, Feb 2025). ### How big are African Development Bank's cheques? The median round it joins is $43M. ### Is African Development Bank investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### What kind of investor is African Development Bank? African Development Bank is a VC firm based in Abidjan, Tunisia. ### When was African Development Bank founded? African Development Bank was founded in 1964. ### Where does this information on African Development Bank come from? From 2 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=african-development-bank) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=african-development-bank)