AfDB Executes US$1 Billion Bond Issue
On 13 January 2009, as part of its USD 3.7 billion 2009 borrowing program, the African Development Bank successfully executed a US$ 1 billion benchmark global bond issue in the international market. The 3-year bond, lead managed by BNP Paribas, Citi and Goldman Sachs, was priced at mid-swap + 40 bp and carries a coupon of 1.875%.
African Finance Ministers Discuss Debt, Infrastructure and other Regional Challenges
African Finance Ministers began a two-day Consultative Meeting in Tunis on Tuesday, to discuss domestic and regional development challenges in the light of major global initiatives in support of Africa.
The ad-hoc ministerial conference, hosted by the African Development Bank (ADB) in close collaboration with the UN Economic Commission for Africa and the African Union, was presided over by the chair of the ADB Board of Governors, Mr. Seydou Bouda of Burkina Faso.
Health: ADB President Calls on all Partners to Fulfill their Commitments
Tunis, 16 November 2005 – "We can only reach the Health Millennium Development Goals if the development partners concretize their mutual commitments as contained in the Paris Declaration", stated the President of the African Development Bank while chairing a session of the Third High Level Forum on the Health Millennium Development Goals on held in Paris on 14 and 15 November.
Lesotho: US$ 13 Million to Enhance Education Quality

Tunis, 4 April 2007 – The African Development Fund Board of Directors in Tunis today approved a loan of 1.57 million Units of Account* (US$ 2.4 billion or 17 million maloti) and a grant of UA 7 million (US$ 10.5 million or 77 million maloti) to finance an education quality enhancement project in Lesotho.
Filling Top Management Positions in the AfDB
Tunis, 2 November, 2005 – The President of the African Development Bank (AfDB), Mr. Donald Kaberuka, is moving expeditiously to identify viable candidates to fill top management positions in the institution. Three Vice Presidents left the Bank as of October 31 and a fourth will be retiring at the end of November. In a letter to staff, the President spoke of his intention to get world-class professionals to join the Bank and assist in its development mission.
