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STATUS AS AT : 24-04-2014 05:03:02 EDT
CHAPTER X
INTERNATIONAL TRADE AND DEVELOPMENT
2 . Agreement establishing the African Development Bank
Khartoum, 4 August 1963
Entry into force
:
10 September 1964, in accordance with article 65.
Registration :
10 September 1964, No. 7408
Status :
Signatories : 31. Parties : 52
Text :
United Nations,  Treaty Series , vol. 510, p. 3, and vol. 569, p. 353 (corrigendum to vol. 510).
Note :
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)1 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.
Participant
Signature
Ratification, Accession(a)
Algeria
 4 Aug 1963
10 Sep 1964
Angola 2
   9 Jan 1981 a
Benin
 8 Oct 1963
25 Aug 1964
Botswana 2
  31 Mar 1972 a
Burkina Faso
21 Nov 1963
22 Sep 1964
Burundi 2
 4 Aug 1963
 2 Jan 1968 a
Cabo Verde 2
  15 Apr 1976 a
Cameroon
 8 Oct 1963
 7 May 1964
Central African Republic 2
 4 Aug 1963
26 Aug 1970 a
Chad 2
  26 Aug 1968 a
Comoros 2
   3 May 1976 a
Congo
29 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 2
  12 Jul 1978 a
Egypt
 4 Aug 1963
14 Sep 1964
Equatorial Guinea 2
  30 Jun 1975 a
Ethiopia
 4 Aug 1963
14 Jul 1964
Gabon 2
  31 Dec 1972 a
Gambia 2
   2 Jul 1973 a
Ghana
 4 Aug 1963
30 Jun 1964
Guinea
 4 Aug 1963
21 May 1964
Guinea-Bissau 2
   5 May 1975 a
Kenya
 4 Aug 1963
24 Jan 1964
Lesotho 2
   2 Jul 1973 a
Liberia
 4 Aug 1963
23 Jun 1964
Libya 2
 4 Aug 1963
21 Jul 1972 a
Madagascar 2
   3 May 1976 a
Malawi 2
  25 Jul 1966 a
Mali
 4 Aug 1963
23 Apr 1964
Mauritania
 4 Aug 1963
 9 Sep 1964
Mauritius 2
   1 Jan 1974 a
Morocco
 4 Aug 1963
 2 Jun 1964
Mozambique 2
   4 Jun 1976 a
Niger
25 Oct 1963
29 Jul 1964
Nigeria
 4 Aug 1963
12 Mar 1964
Rwanda
18 Dec 1963
18 Jan 1965
Sao Tome and Principe 2
  14 Apr 1976 a
Senegal
17 Dec 1963
11 Sep 1964
Seychelles 2
  20 Apr 1977 a
Sierra Leone
 4 Aug 1963
18 Feb 1964
Somalia
 4 Aug 1963
22 Oct 1964
Spain
13 Feb 1984
13 Feb 1984
Sudan
 4 Aug 1963
 9 Sep 1963
Swaziland 2
  26 Jul 1971 a
Syrian Arab Republic
  14 Sep 1964
Togo
18 Oct 1963
 3 Jul 1964
Tunisia
 4 Aug 1963
29 Oct 1964
Uganda
 4 Aug 1963
16 Dec 1963
United Republic of Tanzania 3
 4 Aug 1963
27 Nov 1963
Zambia 2
   1 Sep 1966 a
Zimbabwe 2
   5 Sep 1980 a
End Note
1.Official Records of the Economic and Social Council, Thirty-fourth Session, Supplement No. 10  (E/3586, E/CN.14/168), p. 44.
2.Article 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:

3

ParticipantNumber 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.

3.The 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.