Updates

The AfDB pledges US $1.4 billion in funding for Senegal for 2016-2020, including US $48.4 million in budget support for 2016

September 15, 2016/AfDB On September 14, 2016, in Abidjan, the Board of Directors of the African Development Bank (AfDB) approved the Country Strategy Paper for Senegal for the next five years (2016-2020). The new strategy has two pillars: support to agricultural transformation and strengthening of production and competitiveness support infrastructure […]

AfDB launches 3-year USD 1 billion Global benchmark

September 15, 2016/AfDB On Wednesday, September 14, 2016, the African Development Bank (AfDB), rated Aaa/AAA/AAA, priced a US $1 billion fixed rate US Dollar Global benchmark due 20 September 2019, the issuer’s fourth global benchmark issue in 2016. The transaction has a coupon of 1.125% and was priced at a […]

AfDB mobilizes 28.6 billion FCFA for local development in Senegal

September 15, 2016/AfDB On September 14, 2016 in Abidjan, the Board of Directors of the African Development Bank Group (AfDB) approved a loan of 34.78 million units of account (approximately 28.6 billion FCFA) to the Republic of Senegal to fund Phase 1 of the Support Programme for Reform of Local […]