CHAPTER X

INTERNATIONAL TRADE AND DEVELOPMENT2Agreement establishing the African Development BankKhartoum, 4 August 1963Entry into force10 September 1964, in accordance with article 65.Registration10 September 1964, No. 7408StatusSignatories31Parties52TextUnited Nations, Treaty Series , vol. 510, p. 3, and vol. 569, p. 353 (corrigendum to vol. 510).The Agreement was approved and opened for signature by the Conference of Finance Ministers on the Establishment of an African Development Bank convened pursuant to resolution 52 (IV)<superscript>1</superscript> of the United Nations Economic Commission for Africa. The Conference was convened at Khartoum from 31 July to 4 August 1963. For the text of the Final Act of the Conference, see United Nations, Treaty Series, vol. 510, p. 3.

ParticipantSignatureRatification, Accession(a)Algeria 4 Aug 1963 10 Sep 1964 Angola<superscript>2</superscript> 9 Jan 1981 aBenin 8 Oct 1963 25 Aug 1964 Botswana<superscript>2</superscript>31 Mar 1972 aBurkina Faso21 Nov 1963 22 Sep 1964 Burundi<superscript>2</superscript> 4 Aug 1963 2 Jan 1968 aCameroon 8 Oct 1963 7 May 1964 Cape Verde<superscript>2</superscript>15 Apr 1976 aCentral African Republic<superscript>2</superscript> 4 Aug 1963 26 Aug 1970 aChad<superscript>2</superscript>26 Aug 1968 aComoros<superscript>2</superscript> 3 May 1976 aCongo29 Nov 1963 10 Feb 1965 Côte d'Ivoire 4 Aug 1963 20 Mar 1964 Democratic Republic of the Congo 4 Aug 1963 5 Jun 1964 Djibouti<superscript>2</superscript>12 Jul 1978 aEgypt 4 Aug 1963 14 Sep 1964 Equatorial Guinea<superscript>2</superscript>30 Jun 1975 aEthiopia 4 Aug 1963 14 Jul 1964 Gabon<superscript>2</superscript>31 Dec 1972 aGambia<superscript>2</superscript> 2 Jul 1973 aGhana 4 Aug 1963 30 Jun 1964 Guinea 4 Aug 1963 21 May 1964 Guinea-Bissau<superscript>2</superscript> 5 May 1975 aKenya 4 Aug 1963 24 Jan 1964 Lesotho<superscript>2</superscript> 2 Jul 1973 aLiberia 4 Aug 1963 23 Jun 1964 Libya<superscript>2</superscript> 4 Aug 1963 21 Jul 1972 aMadagascar<superscript>2</superscript> 3 May 1976 aMalawi<superscript>2</superscript>25 Jul 1966 aMali 4 Aug 1963 23 Apr 1964 Mauritania 4 Aug 1963 9 Sep 1964 Mauritius<superscript>2</superscript> 1 Jan 1974 aMorocco 4 Aug 1963 2 Jun 1964 Mozambique<superscript>2</superscript> 4 Jun 1976 aNiger25 Oct 1963 29 Jul 1964 Nigeria 4 Aug 1963 12 Mar 1964 Rwanda18 Dec 1963 18 Jan 1965 Sao Tome and Principe<superscript>2</superscript>14 Apr 1976 aSenegal17 Dec 1963 11 Sep 1964 Seychelles<superscript>2</superscript>20 Apr 1977 aSierra Leone 4 Aug 1963 18 Feb 1964 Somalia 4 Aug 1963 22 Oct 1964 Spain13 Feb 1984 13 Feb 1984 Sudan 4 Aug 1963 9 Sep 1963 Swaziland<superscript>2</superscript>26 Jul 1971 aSyrian Arab Republic14 Sep 1964 Togo18 Oct 1963 3 Jul 1964 Tunisia 4 Aug 1963 29 Oct 1964 Uganda 4 Aug 1963 16 Dec 1963 United Republic of Tanzania<superscript>3</superscript> 4 Aug 1963 27 Nov 1963 Zambia<superscript>2</superscript> 1 Sep 1966 aZimbabwe<superscript>2</superscript> 5 Sep 1980 a

1Official Records of the Economic and Social Council, Thirty-fourth Session, Supplement No. 10 (E/3586, E/CN.14/168), p. 44.2Article 64 (2) of the Agreement provides that a State may, after the Agreement has entered into force, become a member of the Bank by accession to the Agreement on such terms as the Board of Governors may determine; that the Government of such State shall deposit its instrument of accession on or before a date appointed by the Board, and that, upon the deposit, the State concerned shall become a member of the Bank on the appointed date. Following are, in respect of each acceding State, the number and date of the pertinent resolution adopted by the Board of Governors of the Bank. In all cases, the terms for accession included the payment of the first instalment of its initial subscription to the Bank by the State concerned and, unless otherwise indicated, the appointed date corresponded to the date of deposit of the instrument of accession with the Secretary-General: 3ParticipantNumber of ResolutionDate of Resolution Angola3-8023 Jun 1980 (Appointed date: 23 June 1980) Botswana9-7128 Jul 1971 Burundi4-6731 Dec 1967 Cape Verde02-7615 Apr 1976 Central African Republic3-7026 Aug 1970 Chad2-68/25 Jun 1968/ 3-6826 Aug 1968 Comoros05-763 May 1976 Djibouti01-781 May 1978 Equatorial Guinea03-755 May 1975 Gabon8-7220 Jul 1972 Gambia2-732 Jul 1973 Guinea-Bissau02-755 May 1975 Lesotho3-732 Jul 1973 Libyan Arab Jamahiriya13-7221 Jul 1972 Madagascar06-763 May 1976 Malawi2-6619 Apr 1966 Mauritius4-732 Jul 1973 Mozambique07-763 May 1976 Sao Tome and Principe01-7628 Feb 1976 Seychelles01-7731 Mar 1977 Swaziland6-7126 Jul 1971 Zambia6-6615 Aug 1966 Zimbabwe*04-8023 Jun 1980

* Pursuant to the resolution of the Board of Governors (No. 04-80 of 23 June 1980), the Agreement is deemed to have taken effect retroactively for Zimbabwe as of 23 June 1980, upon completion of all the necessary conditions and receipt of its instrument of accession by the African Development Bank.3The Agreement was originally signed and the instrument of ratification was deposited on behalf of Tanganyika. Following the formation of the Union between Tanganyika and Zanzibar under the name of the United Republic of Tanzania (see note 1 under “United Republid of Tanzania” in the “Historical Information” section in the front matter of this volume.), the Government of that country submitted a declaration to the African Development Bank to the effect that "it assumes the membership in the ADB both as regards Tanganyika and Zanzibar, and desires the Bank to give effect to this extension and to increase its subscription by one million units of account". The said declaration was considered by the Board of Governors of the African Development Bank at its first plenary session on 4 November 1964. In resolution No. 3 adopted on the same date, the Board of Governors, having expressed the desire of giving full effect to the extension of membership of the United Republic of Tanzania, decided, inter alia , that the subscription of that country to the capital stock of the ADB should be increased by one million units of account, half of it to consist of paid-up shares, and the other half of callable shares; and that the extension of membership of the United Republic of Tanzania should take effect upon the payment to the ADB of the first instalment of its initial subscription to the paid-up capital stock as provided in the resolution. The Board further took note that, upon the extension of its membership, the United Republic of Tanzania would have 1,255 votes.