AfDB launches Global Benchmark bond and US$2m project in 4 Africa counties

WEST AFRICA – The African Development Bank Group (AfDB) has launched a project to support development of domestic debt markets and financial systems in four West African Monetary Zone (WAMZ) countries: the Gambia, Sierra Leone, Guinea and Liberia. The Bank had earlier approved a grant of US$2 million for the project. The project, funded from the Bank’s Transition Support Facility, will provide technical assistance and capacity building to develop domestic debt markets in the four countries. Specifically, it will support the deepening of primary debt markets, improvement of debt market…

Read More