African Development Corporation
ADC African Development Corporation is a German listed, emerging pan-African banking group. ADC has a strong footprint in Southern Africa via BancABC, a regional commercial banking platform operating in Botswana, Mozambique, Tanzania, Zambia and Zimbabwe as well as exposure to West Africa via Union Bank of Nigeria. Parallel to its banking operations, ADC has a private equity portfolio active in growth markets across sub-Saharan Africa.
ADC invests in frontier markets that are at a much earlier stage of economic and financial market development than emerging markets and are often at a turning point, showing strong fundamentals and a high potential for growth.
ADC’s objective is to become one of the largest financial service providers in sub-Saharan Africa within five years. In doing so, ADC aims to provide its shareholders with attractive returns in the form of rising share prices and regular dividend distributions, while at the same time contributing to the development of the countries in which it invests.
Areas of Expertise
Early stage frontier markets