The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, approved on January 15, 2020, credit risk participations by the Private Sector Credit Enhancement Facility (PSF) for projects in Kenya, Sudan and Senegal.
The agreement covers operations cumulatively valued at $37.2 million and includes a corporate loan to support an East African agribusiness firm’s domestic and regional expansion, and two lines of credit targeting SME borrowers.
|What:||The 3rd Rural Water Supply and Sanitation Initiative Forum|
|When:||24 to 26 March 2020|
The Water Development and Sanitation Department of the African Development Bank cordially invites you to the 3rd Rural Water Supply and Sanitation Initiative Forum, hosted by the Government of Rwanda from 24 to 26 March 2020.
Don Robert, Chairman of London Stock Exchange Group, welcomed the president of the African Development Bank to open markets for trading at London Stock Exchange on Wednesday 22 January.
The reception in London followed the African Development Bank’s Africa Investment Forum, held in November last year. The innovative market-place for accelerating investment into the continent is playing a valuable role in convening investors and corporates and removing the bottlenecks to investments and enabling a free flow of long-term capital.
The third review of the Independent Review Mechanism (IRM) of the African Development Bank Group started in December 2019 and will run until January 2021. An international and independent firm called Savanas E Enseadas LDA was selected to conduct this assignment through a competitive bidding process.
Honorable Members of the House of Commons and the House of Lords, distinguished guests, ladies and gentlemen,
Thank you, Honorable Chi Onwurah, Chair of the All-Party Parliamentary Group for Africa, for the invitation to speak to you today at this Parliamentary Symposium on the theme UK-Africa Trade and Brexit. I feel greatly honored. I would also like to thank the Royal African Society, Oxford Brookes University and the Trade Justice Network for organizing this event.
I would like to thank Don Robert, the Chairman of the London Stock Exchange Group for inviting me to the exchange. It’s great to be here! It’s such an honor and privilege to be asked to open the market today.
The London Stock Exchange is the 3rd largest in the world with a market capitalization of about $4.6 trillion.
And Africa is tapping into the London Stock Exchange.
In 2019, Africa had 110 companies listed on the London Stock Exchange, with market capitalization of $197 billion.