Finance

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World Bank raises $4 billion through sustainable development bond

The World Bank has raised $4 billion through a new seven-year Sustainable Development Bond, attracting strong demand from global investors and highlighting continued confidence in the institution’s development financing activities.

Angola, AfDB launch agriculture project targeting 1.2 million people

The Government of Angola and the African Development Bank (AfDB) have launched a major agricultural development project aimed at boosting production, strengthening value chains and accelerating economic diversification in the country’s eastern region.

AfDB expands circular economy programme to eight more African countries

The African Development Bank (AfDB) is expanding a continent-wide circular economy initiative to eight additional countries as part of efforts to boost industrialisation, create jobs and strengthen domestic value chains across Africa.