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Published by: Andrew Mizner at 22/12/2020 The fight against Covid and renewable energy initiatives will be among the beneficiaries of the African D... The fight against Covid and renewable energy initiatives will be among the beneficiaries of the African Development Bank’s 2021 capital markets programme. The African Development Bank (AfDB), headquartered in Abidjan, Ivory Coast, will raise USD 10.4 billion in borrowing from capital markets in 2021, to fund its programmes across Africa. On 11...

African Development Bank Group Approves EUR400 million Lusophone Compact Guarantee program to boost private sector development The new Compact offers a big boost to business development initiatives for the Bank’s non-sovereign portfolio in its Portuguese-speaking African member countries ABIDJAN, Ivory Coast, December 18, 2020/APO Group/ -- The Board of Directors of the African Development Bank (www.AfDB.org) Group on Wednesday approved the Lusophone Compact Guarantee Program (LCGP or the Compact), with a maximum risk exposure of up to EUR400 million. The new Compact offers a big boost to b...

The Board of Directors of the African Development Bank (www.AfDB.org) Group on Wednesday approved the Lusophone Compact Guarantee Program (LCGP or the Compact), with a maximum risk exposure of up to EUR400 million. The new Compact offers a big boost to business development initiatives for the Bank’s non-sovereign portfolio in its Portuguese-speaking African member countries. The program is designed for new non-sovereign operations (“NSOs”) in the Lusophone  countries of Africa, notably Angola, Cabo Verde, Equatorial Guinea, Guinea- Bissau, Mozambique, and São Tomé and Príncipe, ( kn...

Content provided by Last updated: 18/12 - 16:10 The Board of Directors of the African Development Bank (www.AfDB.org) Group on Wednesday approved the Lusophone Compact Guarantee Program (LCGP or the Compact), with a maximum risk exposure of up to EUR400 million. The new Compact offers a big boost to business development initiatives for the Bank’s non-sovereign portfolio in its Portuguese-speaking African member countries. The program is designed for new non-sovereign operations (“NSOs”) in the Lusophone  countries of A...