Category: Business

The African Development Bank and the government of Cabo Verde have signed a €14 million loan agreement to enhance the Cabo Verde Technology Park by making it more climate resilient and supportive of enterprise development.  The agreement was signed on 19 July in Praia, Cabo Verde. The African Development Bank earlier had provided a loan of €31.59 million to finance… Read More

What?          Launch of the report on the Regional Economic Outlook 2023 for Central Africa by the African Development Bank Who?           African Development Bank Group When?         Monday 31 July 2023, 14:30 to 16:30 (Central Africa standard time, GMT+1). Where?        Online The African Development Bank Group’s Central Africa Regional Office will launch the Central Africa Economic Outlook report for 2023 on Monday… Read More

What:      11th G-CoP Policy Dialogue Who:       The African Development Bank Group and institutional partners When:     31 July 2023; 13:00-16:00 GMT (Western Hemisphere); 1 August 2023; 08:30-11:30 GMT (Eastern Hemisphere) Where:    Virtual Click here to register. The African Development Institute of the African Development Bank Group, in collaboration with the United Nations Framework Convention for… Read More

The African Development Bank (AfDB), rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable), has successfully priced an inaugural GBP 300 million (no-grow) 2-year Global Benchmark transaction, in a Social Bond format, due August 2025 at UKT 0.625% Jun-25 + 65bps. The Bank took advantage of a clear issuance window ahead of the quieter summer period, despite the heightened volatility, to announce… Read More

The Southern Africa region has seen a slowdown in economic growth over the past year as its largest economy, South Africa, confronts multiple challenges. Civil unrest, electricity crisis and natural disasters have contributed to dampen prospects for the region, which is lagging behind the others in Africa, according to the African Development Bank’s new economic report. The 2023 Southern Africa… Read More

WHAT:     Launch of the East Africa Economic Outlook 2023 WHO:      African Development Bank, East Africa Regional Office WHEN:    27 July 2023, 14:00 EAT (11:00 GMT) WHERE:  Virtual The African Development Bank Group will launch the East Africa Economic Outlook 2023 on Thursday, 27 July 2023. This follows the launch of the main African Economic Outlook report… Read More

What?       Launch of North Africa Economic Outlook 2023 report Who?        African Development Bank, North Africa Regional Office When?      27 July 2023, 10:00 -12:00 Tunis time (GMT +1) Where?     Hybrid. Click here to join online. The African Development Bank’s North Africa Regional Office will launch the 2023 edition of the African Development Bank… Read More

The Co-Financing, Syndications and Client Solutions (FIST) department is proud to announce the 2022-23 Financial Products Handbook, an outstanding tool for increasing the origination of new transactions. This product will provide Bank Group task managers with quick project support when dealing with investors and clients. The handbook is intended to help disseminate and communicate in a systematic manner the financial products… Read More

What:  Launch of African Development Bank’s Regional Economic Outlook 2023 Report for Southern Africa  Who:  African Development Bank  When:  Monday, 24 July 2023  Time:   14:00-16:30 South Africa Standard Time (GMT+2).  Where:  Virtual The African Development Bank Group will launch the 2023 Southern Africa Economic Outlook on Monday, 24 July 2023, from 14:00 to 16:30 South Africa Standard Time (GMT+2).  … Read More