AfDB to Unveil Strategies for Africa’s Transformation at Meetings in Lusaka

The African Development Bank Group will unveil its new agenda for the continent’s economic transformation at this year’s Annual Meetings scheduled to take place from May 23-27 in Lusaka, Zambia.

In an Annual Meetings preview video message, Akinwumi Adesina, who will be presiding over his first Annual Meetings since assuming office as the Bank’s 8th President on September 1, 2015, said that participants will examine a host of burning issues in Africa as well as focus on the Bank’s five new priority actions – the High 5s – designed to scale up its operations for the continent’s transformation.

African Bond Index expands, Transparency to most liquid Market by AfDB

The African Development Bank (AfDB) has expanded the African Bond Index as Botswana and Namibia join index family bringing transparency to most liquid markets.

 

The AfDB, through the African Financial Markets Initiative (AFMI), launched its AfDB/AFMISM Bloomberg® African Bond Index (ABABI) in February 2015.  Calculated by Bloomberg Indices, the composite index is currently comprised of the Bloomberg South Africa, Egypt, Nigeria and Kenya local currency sovereign indices and will be joined from October 2015 by Botswana and Namibia.