The 2018 Annual Meetings of the African Development Bank Group will be held on May 21-25, 2018 in Busan, Korea. Find out more
A loan qualified as a Sovereign Guaranteed Loan if made to a Regional Member Country or if it is supported by the full faith and credit of the Member Country in whose territory the Borrower is domiciled, or in the case of loans to multinational institutions if it is guaranteed by a Member Country or by Member Countries in whose territory (ies) the Borrower shall execute the project.
Eligible countries for Public Sector Sovereign Guaranteed Loans are regional member countries (RMC) classified either as AfDB countries or Blend countries. As of 1 January 2012, Blend countries include: Nigeria; ADB countries include: Morocco, Algeria, Tunisia, Libya, Egypt, Cape Verde, Gabon, Equatorial Guinea, Angola, Namibia, Botswana, South Africa, Swaziland, Mauritius, Seychelles.
On May 10, 2010, the Board of Directors of the Bank approved a revision of loan pricing for sovereign and sovereign-guaranteed operations effective January 1, 2011. This revision relates to the followings: