Updates

African nations join front-runners in ratifying Paris Agreement on climate change

3/10/2016/AfDB At the United Nations General Assembly in New York on September 21, 2016, nine African nations deposited their articles for  ratification of the global Paris Agreement on climate change, cementing their commitment to a climate-smart development path, and helping the world draw closer to making the Agreement a global […]

AfDB issues 0.125% EUR 750 Million Global Benchmark due 7 October 2026

3/9/2016/AfDB On Friday, 30th September 2016, African Development Bank (AfDB), rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch), successfully launched and priced its inaugural €750mm 10-year EUR benchmark transaction due 7 October 2026. AfDB decided to launch its debut EUR transaction to fulfil its EUR denominated needs and the […]

Hilton to Open Hotel in Africa’s Tallest Development

Iconic $110 Million Hilton Nairobi Upper Hill Marks Hilton Hotels & Resorts’ 50th Property in Africa 3/10/2016/Hilton Worldwide Hilton Worldwide (NYSE:HLT) (www.HiltonWorldwide.com) has signed a management agreement with Jabavu Village Ltd to open a 255 guest-room and suite hotel in Kenya’s capital. The hotel is set to open in 2020 […]