Tag Archive for 'AfDB'

First African fixed income ETF listed in Mauritius, tracking bond index

African Development Bank (AfDB) and Mauritius Commercial Bank Group (MCB) have launched the African Domestic Bond Fund (ADBF), a pioneer exchange-traded fund (ETF) accessible to investors through listing on 18 September on the Stock Exchange of Mauritius.

Opinion: Steps for regional integration of capital markets

Can regional integration work for Africa’s capital markets and securities exchanges?

AfDB and stock exchanges group ASEA sign MoU for capital markets projects

The African Development Bank (AfDB) and the African Securities Exchanges Association (ASEA) signed an MoU to deepen and connect Africa’s financial markets and mobilize more resources to drive growth.

AfDB $400,000 seed equity to central depositories link Africlear Global

The central depositories of Kenya and Nigeria have formed a joint venture Africlear Global with a custodian which is part of Altree Financial Services Group.

Commodity exchange builder teams up with pan-African bank

A dynamic African builder of turnkey commodity exchanges, eleni LLC, has teamed up with pan-African Ecobank to accelerate development of African agriculture.

African Development Bank starts move to Cote d’Ivoire in 2013

Africa’s top lending institution the African Development Bank (AfDB) has announced that it will start moving its headquarters and 1,500 employees from Tunisia to Ivory Coast, with first staff to move this year.

IFC and African Development Bank expand local currency finance

The International Finance Corporation, a member of the World Bank Group, and the African Development Bank are to work together to facilitate local currency lending and bond issuance in Africa. They signed an ISDA Master Agreement for this.

African Development Bank invests $100m to Agvance Africa PE fund of funds

The African Development Bank has approved an equity investment of US$100 million to Agvance Africa, which the bank claims is the first fund of funds focused on African agribusiness.

Bigger role for African Development Bank, considering move back to Cote d’Ivoire

The African Development Bank is playing its role in Africa with skill and is getting more backing from its principal shareholders because of its successes as an African institution. Moving back to Cote d’Ivoire is also on the agenda.