The African Development Bank (AfDB) was founded in 1964 to promote economic and social development across the African continent. Established by 23 African and non-African countries, the bank aims to provide financial and technical assistance for development projects. The AfDB plays a crucial role in addressing poverty, fostering sustainable growth, and facilitating regional integration, significantly impacting the economic landscape of Africa.

The founding of the African Development Bank in 1964 supported independence-era poetry that celebrated self-determination and development across the continent. Poets began to weave themes of empowerment and hope into their works, reflecting the aspirations of a newly independent Africa.