«La BAD est le partenaire privilégié dans l’appui de nos réformes économiques et dans la réalisation des principales infrastructures économiques du Burundi ». 

Transaction Highlights

• Tightest priced 5-year US Dollar benchmark by the AfDB since 2003
• Strong demand from central banks/official institutions
• No price sensitivity from any investors in the orderbook

African Development Bank (“AfDB”) priced its first public USD benchmark of 2011 on Thursday, February 17th. The issue has a final maturity of 15th March 2016, pays a semi-annual coupon of 2.5% and has an issue price of 99.843% to give a spread of + 26.6 basis points over the UST 2% due Jan 2016, equivalent to 4 basis points over mid-swaps.

Marrakech,  April 26, 2008 - The Independent Review Mechanism (IRM) was recently presented in a national workshop to more than twenty representatives of civil society organizations in Morocco. The workshop took place on April 26, 2008 in Marrakech. It was officially opened by Mr. Matondo-Fundani, the Resident Representative of the African Development Bank in Morocco who also presented the Bank’s projects and technical support programs in the country. Mr.

About the Events

The Bank hosts three important international events in the field of evaluation this week:

Tunis, 17 April 2008 – Senior officials of the African Development Bank (AfDB) Group led by the Vice President for Country and Regional Operations and Policy, Joseph Eichenberger and a Togolese delegation led by the Minister of Finance, Adji Ayassor, signed an Aide Memoire in Tunis on Tuesday, outlining modalities for the clearance of the country’s debt to the Bank Group within the framework of the Fragile States Facility (FSF) approved by the Board on 28 March 2008.