African Development Bank Group

Africa’s development partners price landmark $1 billion impact securitisation

newbusinessethiopia September 19, 2018

The African Development Bank (AfDB), the European Commission, Mariner Investment Group, LLC (Mariner), Africa50, and Mizuho International plc today announce the pricing of Room2Run, a $1 billion synthetic securitization corresponding to a portfolio of seasoned pan-African credit risk.

African Development Bank approves Non-Sovereign Operations Policy

newbusinessethiopia September 13, 2018

The Board of Directors of the African Development Bank Group has approved the Bank’s Policy on Non-sovereign Operations (NSO).

African Development Bank bans Cameroon company for audit obstruction

newbusinessethiopia September 10, 2018

The African Development Bank (AfDB) Group today bans the Centre Africain de Recherches Forestières Appliquées et de Développement (CARFAD), a consulting company based in Yaoundé, Cameroon for audit obstruction.

African Development Bank calls for provision of new technologies for farmers

newbusinessethiopia August 6, 2018

The President of the African Development Bank Group, Akinwumi Adesina, has made an urgent call to give farmers across the continent new technologies with the potential to transform agricultural production.

African Development Bank Group appoints new vice president

newbusinessethiopia August 2, 2018

The African Development Bank Group announces the appointment of Dr. Mateus Magala as Vice President for Corporate Services and Human Resources, effective from September 1, 2018.