The event also aimed to raise awareness of the Desert to Power initiative and promote strategic investments in solar energy in the Sahel countries. ABIDJAN, Côte d’Ivoire, March 30 , 2023/ — On the sidelines of the Energy Access Investment Forum, held in Abidjan from March 21 to 23, 2023, the African Development Bank ( http://www .AfDB.org ) organized two-day consultations with stakeholders in the mini-grid sector in Africa. Objective: to attract the main actors of the sector in order to discuss the strategy of mini-grids that the bank plans to put in…
Tag: African Development Bank
African Development Bank issues AUD 50 million 15-year Kangaroo Green Bond due March 2038
The transaction is the Bank’s 2nd green bond issued in 2023 across all currencies ABIDJAN, Ivory Coast, March 8, 2023/ — The African Development Bank (http://www.AfDB.org), rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable) has successfully launched an AUD 50 million 15-year Kangaroo Green Bond due March 2038. The new issuance was arranged by RBC Capital Markets and sold to a single Japanese investor, Taiju Life Insurance Company. This is the African Development Bank’s sophomore green bond in the Australian dollar market since the inaugural 15-year Kangaroo green bond was issued…