The briefing note about Intended Nationally Determined Contributions (INDCs) is the first briefing note of an AfDB-Climate Change series heading to COP21.

Botswana and Namibia join index family bringing transparency to most liquid African bond markets

 The African Development Bank (AfDB) through the African Financial Markets Initiative (AFMI) launched its AfDB/ AFMI^SM Bloomberg® African Bond Index (ABABI) in February 2015. Calculated by Bloomberg Indices, the composite index is currently comprised of the Bloomberg South Africa, Egypt, Nigeria and Kenya local currency sovereign indices and will be joined from October 2015 by Botswana and Namibia.

The Sustainable Energy Fund for Africa (SEFA) was awarded “Power Transaction of the Year” by the East African Power Industry for its role in financing the development of an independent solar hybrid mini-grid project in rural Tanzania. The prize was received at the awards gala on August 27 during its annual convention which gathered about 1,200 industry leaders and professionals in Nairobi, Kenya.

“We must light up and power Africa – as a Bank we will launch a new deal on energy for Africa”

Former Nigerian Agriculture Minister Akinwumi Adesina formally assumed office as the 8th elected President of the African Development Bank Group (AfDB) on Tuesday, September 1, 2015. At a ceremony in Abidjan, Côte d’Ivoire, he took the oath of office administered by Zambia’s Finance Minister and Chair of the Board of Governors, Alexander Chikwanda.

Through the SE4All Africa Hub, the African Development Bank (AfDB) is now supporting the development of the SE4All Country Action Agenda and Investment Prospectuses in four new countries: Angola, Democratic Republic of Congo, Malawi and Zimbabwe, along with Kenya, Tanzania and Rwanda, which are already supported.