The African Development Bank issues EUR 1.25 billion 2.25% 7-year Global Benchmark Social Bond due 14 September 2029

On Wednesday 7th September 2022, the African Development Bank (“AfDB”), rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch) / AAA (Japan Credit Rating), launched and priced a new EUR 1.25 billion 7-year Global Benchmark transaction, in a Social Bond format, due 14 September 2029. The bond pays a coupon of 2.250% with a re-offer yield of 2.310%.

TICAD8: African Development Bank to complement Japan Africa Dream Scholarship with African Education Science, Technology and Innovation Fund – Dr....

African Development Bank head Dr. Akinwumi A. Adesina, has commended the Japan Policy and Human Resources Development Grant, established by the Bank and the government of Japan, for its support to the Japan Africa Dream Scholarship program.
The Japan Africa Dream Scholarship program awards two-year scholarships to high-achieving African students to pursue post-graduate studies in priority development areas across Africa and in Japan.