African Development Bank
African Development Bank celebrates milestone with first social bond listing on London Stock Exchange
African Development Bank Group approves Gender Equality Trust Fund and Risk-Sharing Mechanism to improve women’s economic empowerment in Africa
African Development Bank approves $1.5 million emergency grant to curb desert locusts ravaging East and Horn of Africa
African Development Bank approves $2 million emergency assistance for WHO-led measures to curb COVID-19 in Africa
CORRECTION: African Development Bank launches record breaking $3 billion “Fight COVID-19” Social Bond
The African Development Bank (AfDB) (www.AfDB.org) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies.
The Fight Covid-19 Social bond, with a three-year maturity, garnered interest from central banks and official institutions, bank treasuries, and asset managers including Socially Responsible Investors, with bids exce
Every Tuesday, Alemondji market in northern Togo swarms with people. Amid the throng, Burkinabe and Ghanaian traders offer clothes and kitchen utensils for sale. Others, calling out their wares, come from the nearby towns of Lawagnon, Moreta and Issati. Their stalls overflow with peanuts, millet, sorghum, sesame and beans.
"Just a few years ago, it was no easy matter to travel to this market. It was open for three days in succession, Tuesday to Thursday, and then again on Sun