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.
