This book examines the changing role of national development banks NDBs in Africa. It presents a comprehensive overview of NDBs in Africa examining their key characteristics theoretical underpinnings and growing importance to African economies.The book fully examines the role of NDBs and their potential to support development goals address gaps in finance left by underdeveloped capital markets and mobilize resources from the public and private sectors to encourage new longterm investments. Chapters cover the historical background and theoretical rationale for NDBs the contemporary role of NDBs including their role in sustainable development climate finance initiatives and infrastructure development funding sources business models monitoring and impact evaluation and corporate governance risk management and regulation.