African Green Infrastructure Investment Bank Announced By Institutional Investors

The African Sovereign Wealth and Pension Fund Leaders Forum announced and presented its Pan African Green Infrastructure Investment Bank (AGIIB) initiative, during The fifty-third session of the Conference of African Ministers of Finance, Planning and Economic Development, hosted by the UN ECA. The AGIIB initiative recognises that the African green finance market, is highly fragmented…

African Green Infrastructure Investment Bank Announces $20trn Advisory Board At G7 – Africa Investor Summit

Cornwall, Addis Ababa, Johannesburg, Cairo, Paris, Washington   The African Green Infrastructure Investment Bank (AfGIIB), today announced its Advisory Board of African and global institutional investment leaders, representing over $20trn of assets under management and advisement. The announcement took place during the G7-Africa investor Summit, held in association with the G7’s institutional Investor Leaders Network (ILN), on the sidelines of the…

Curtain falls on the African Development Bank 2020 Annual Meetings as Governors endorse President Adesina’s bold development program

Adesina: “I am deeply grateful for the collective trust, strong confidence and support of our shareholders” ABIDJAN, Ivory Coast, August 28, 2020/APO Group/ — Newly reelected African Development Bank (AfDB.org) President Akinwumi Adesina voiced great optimism about Africa’s future as the institution closed its 55th Annual meetings. The Bank’s Board of Governors today unanimously voted for…

African Union Commission inaugurates African Continental Free Trade Area (AfCFTA) permanent secretariat as launchpad for Africa’s economic transformation

The African Development Bank Group provided a $5 million institutional support grant to the AU towards the establishment of the AfCFTA secretariat ABIDJAN, Ivory Coast, August 18, 2020/APO Group/ — At a ceremony on Monday to commission the permanent secretariat of the African Continental Free Trade Area (AfCFTA), Ghana’s President Nana Akufo-Addo and Moussa Faki…

African institutional investors call for partnerships to build resilient economies

The African Sovereign Wealth and Pension Fund Leaders Forum has today issued a Call to Action to build resilient African economies. Noting the potential for devastating economic impacts on the African continent by the novel coronavirus (COVID-19) pandemic The Forum, comprised of leaders of Africa’s pre-eminent sovereign wealth and pension funds, are determined to form new…

African institutional investors call for partnerships to build resilient economies

The African Sovereign Wealth and Pension Fund Leaders Forum has today issued a Call to Action to build resilient African economies. Noting the potential for devastating economic impacts on the African continent by the novel coronavirus (COVID-19) pandemic The Forum, comprised of leaders of Africa’s pre-eminent sovereign wealth and pension funds, are determined to form new…