ADC African Development Corporation AG is a German open market (Entry Standard) listed holding company with investments in sub-Saharan Africa. ADC has a strong footprint in Southern Africa via BancABC, a regional commercial banking group operating in Botswana, Mozambique, Tanzania, Zambia and Zimbabwe as well as in 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 is indirectly majority-owned by Atlas Mara Co-Nvest Limited which is listed on the main market of the London Stock Exchange. For more information, visit Atlas Mara's website at

Topics: financial services, investments, banking, merchant banking, investment banking, frontier markets, sub-Saharan Africa