Tag: African Development Bank

African Development Bank sets coupon rate of $1 bln bond at 1.125 pct

Thu Feb 25, 2016/Reuters The African Development Bank has priced a three-year $1 billion global benchmark due on 4 March 2019 at a coupon of 1.125 percent, the AFDB said on Wednesday. The lead managers of the bank’s first USD global benchmark for 2016 are BNP Paribas, HSBC, JP Morgan […]

Adesina received by the Egyptian President during Africa 2016 forum in Sharm el-Sheikh

February 22, 2016/AfDB On February 20, 2016, Egyptian President Abdel Fattah el-Sisi received African Development Bank (AfDB) President Akinwumi Adesina during the “Africa 2016” forum held in Sharm el-Sheikh, Egypt. The Minister for International Cooperation, Sahar Nasr, attended the meeting, as did a number of Senior Bank officials. President Sisi […]

AfDB and World Bank meet to discuss way forward for Africa Hydromet Program

February 22, 2016/AfDB Faced with drought, flooding, and climate-resilient infrastructure, adequate hydro-meteorological services are necessary to support resilient growth across a range of sectors in Sub-Saharan Africa. But given 80 percent of such services on the continent are under-funded, have weak capacity and deteriorated infrastructure, collaboration is seen as the […]