Two African Improvement Financial institution Group (www.AfDB.org) -supported initiatives have garnered prime honours on the 2025 Bonds, Loans&ESG Capital Markets Africa Awards ( convention. A $545 million sustainable time period mortgage facility in Senegal ( was named Sovereign Syndicated Mortgage Deal of the Yr, whereas Rwanda’s €200 million ESG mortgage ( awarded ESG Mortgage Deal of the Yr. Each initiatives had been supported by partial credit score ensures from the African Improvement Financial institution Group.
The awards rejoice Africa’s most progressive and transformative monetary offers, highlighting exemplary execution, efficient mobilization of recent liquidity swimming pools, and progressive deal structuring.
In its debut on the worldwide sustainable finance market, introduced in March 2024, Senegal raised $545 million in long-term financing – a part of it within the CFA franc. The African Improvement Financial institution served as a monetary advisor along with offering a partial credit score assure. The pioneering transaction, which leveraged the Financial institution Group’s credit score assure to safe favorable borrowing phrases and entice various investor segments, was seen as underscoring Senegal’s dedication to financing crucial sustainable improvement initiatives in local weather resilience, renewable power, and social infrastructure.
In April 2024, Rwanda secured a partial credit score assure from the African Improvement Fund, the Financial institution’s concessional window, paving the way in which for long-term funding from worldwide industrial banks. The financing is supporting Rwanda’s Nationwide Technique for Transformation, which focuses on inexperienced urbanization, environmental sustainability, social inclusion, and well being and schooling infrastructure. With the African Improvement Financial institution serving because the preliminary mandated lead arranger, this transaction diversifies Rwanda’s financing sources and underlines the rising attractiveness of African sustainable funding alternatives in international markets, whereas enhancing residents’ high quality of life.
Ahmed Attout, the Financial institution Group’s Director for Monetary Sector Improvement, mentioned: “These awards underscore the Financial institution’s steadfast dedication to fostering aggressive and sustainable financing options. By tailoring partial credit score ensures to the precise wants of member international locations, Senegal and Rwanda now have entry to aggressive worldwide capital, enabling them to mobilize long run funding from worldwide industrial banks for inexperienced and social initiatives for the primary time.”
Max Magor N’diaye, Financial institution Group Senior Director for Syndication, Co-financing consumer options and the Africa Funding Discussion board said: “The awards shine a highlight on these progressive transactions, marking a game-changing benchmark for leveraging sustainable financing to drive transformative and social progress. They not solely profit communities but in addition pave the way in which for a resilient and affluent future.”
Bonds, Loans&ESG Capital Markets Africa, held yearly on the Cape City Worldwide Conference Heart, is a crucial occasion for Africa’s capital markets, bringing collectively the private and non-private sectors, authorities officers, monetary establishments, traders, and trade specialists for dialogue.
Distributed by APO Group on behalf of African Improvement Financial institution Group (AfDB).
Media Contact:Olufemi TerryCommunications and Exterior Relationsmedia@afdb.org
Concerning the African Improvement Financial institution Group:The African Improvement Financial institution Group (AfDB) is Africa’s premier improvement finance establishment. It includes three distinct entities: the African Improvement Financial institution (AfDB), the African Improvement Fund (ADF) and the Nigeria Belief Fund (NTF). On the bottom in 34 African international locations with an exterior workplace in Japan, the AfDB contributes to the financial improvement and the social progress of its 54 regional member states. For extra info: www.AfDB.org
