The African Development Bank is continuing the continent’s social bond trend ...Middle East

Quartz - Economy
The African Development Bank is continuing the continent’s social bond trend
source : Quartz ( Middle East ) () 27
The African Development Bank has launched a AUD600 million ($463.9 million) social bond in Australia. Although the bank has issued social bonds in the past, it’s been selling them more frequently, as social bonds emerge as a key way to help cash-strapped countries during the coronavirus pandemic.“These are critical times for Africa as it addresses the challenges resulting from the coronavirus. The African Development Bank is taking bold measures to support African countries,” Akinwumi Adesina, president of the AfDB Group, said on a past social bond issuance.https://datawrapper.dwcdn.net/7l79j/3/Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journal

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