On Tuesday, July 19, 2016, the African Development Bank (“AfDB”), rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch), launched and priced a new USD 1 billion 5-year Global benchmark transaction due 26 July 2021.

The  African Development Bank Group’s External Representation Office for Asia hosted a seminar in the Japanese capital to present the upcoming Africa Investment Forum, which is expected to excite investor interest in bankable projects in the continent through a new de-risked transactional platform.

The day after his arrival in the Kingdom on his first official visit as president of the African Development Bank (AfDB), Akinwumi Adesina attended many high level meetings with the Moroccan authorities in Rabat on Wednesday 20 July.

He was accompanied by a delegation that included Executive Director representing Morocco, Tunisia and Togo, Abdelmajid Mellouki, Resident Representative in Morocco, Yacine Fal, AfDB Acting Vice President responsible for operations, Janvier Litse, and Vice President responsible for finance, Charles Boamah.

An African Development Bank team of experts visited Zambia from 23 to 27 July to identify businesses in the nation’s water and agriculture sectors eligible for new financing mechanisms it is offering to the southern  African nation.

The African Development Bank in partnership with the Federal Government of Nigeria has inaugurated a Task Force to drive its first Public-Private Round Table on Youth Employment and Skills Development.

The Round Table scheduled to take place later this year, will seek to accelerate investment in youth employment and skills enhancement.