Development banks are financial institutions that provide funding and support for projects aimed at promoting economic development, particularly in low- and middle-income countries. They offer loans, grants, and technical assistance to various sectors, including infrastructure, agriculture, and education, helping to stimulate growth and improve living standards. These banks often work in collaboration with governments, private sector entities, and international organizations. Examples of development banks include the World Bank and regional institutions like the African Development Bank. Their primary goal is to reduce poverty and foster sustainable development through targeted investments and financial services.