Two African Development Bank-supported projects have been recognized at the 2024 Bonds, Loans & ESG Capital Markets Africa Awards conference. #Egypt's $478 million Sustainability Panda Bond issue was awarded the Sovereign, Supra & Agency Bond Deal of the Year, while Côte d'Ivoire's €533 million Sustainable Loan was named ESG Loan Deal of the Year. The Bank provided partial credit guarantees to support both transactions, paving the way for innovative and sustainable financing solutions in Africa.

The African Development Bank, Africa50 and Africa Sovereign Investors Forum (#ASIF), a group of 9 African sovereign investors, will collaborate on the development of green and climate-resilient infrastructure projects across the continent–rousing financing and skills development in the sector. “This is a key part of the Bank’s strategy to harness the estimated $2 trillion of assets under management from African institutional investors including sovereign wealth funds, pension funds and insurance