The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable) has successfully launched an AUD 50 million 15-year Kangaroo Green Bond due March 2038. The new issuance was arranged by RBC Capital Markets and sold to a single Japanese investor, Taiju Life Insurance Company.

The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable), today issued an AUD 50 million 10-year “Light up and Power Africa” Kangaroo due 8 March 2033. The new issuance was arranged by TD Securities and sold to a single Japanese investor, Fukoku Mutual Life...

Ivorian Karine Oulaté is a former professional basketball player who in a second career, has become a most valuable player in West Africa’s digital scene.

Ghana’s Central Bank has lauded the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative for its role in equipping women-owned businesses to drive the country’s economy.

The Sustainable Energy Fund for Africa (SEFA) of the African Development Bank has approved a technical assistance grant of $5.03 million to implement the Africa Super Energy Service Companies (ESCO) acceleration program in Rwanda, Senegal and South Africa.

The African Development Bank Group's country office in Benin held a workshop on the challenges facing the country’s textile industry and how to build the capacity of stakeholders to develop value chains.

The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable), has launched and priced a USD 2 billion 5-year Global Benchmark bond due March 14, 2028, its first of the year. The bond was issued on 7 March.

The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable), has issued a 1 billion Norwegian krone (NOK) 5-year Green Bond due March 2028.

The African Development Bank and the Coalition for Dialogue on Africa (CoDA) have officially launched a three-year support project to improve regional coherent and coordinated response to illicit financial flows. The project will help African stakeholders actively engaged in stemming such flows to improve domestic revenue...

The African Development Bank Group, on 9 March 2023, announces a 15-month debarment of Ogon-Asu Company Ltd. and its Chief Executive Officer, Mr. William Tuku Ogon, with effect from 24 February 2023. Ogon-Asu Company Ltd. is a construction company registered in the Federal Republic of Nigeria.