• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

AfDB, ADB Sign $1 Billion Exchange Exposure Agreement to Increase Development Lending Capacity to African Nations

11 months ago
in Business, Features, highlights, Home, home-news, latest News
2 min read
0 0
0
84
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

GJA President Underscores Vital Role of Journalists in Safeguarding Ghana’s Maritime Domain

Barrick Exits Ivory Coast With $305 Million Tongon Mine Sale

Sub-Saharan Africa’s Growth to Accelerate to 3.8% in 2025 Amid Inflation Easing – World Bank

AfDB, ADB Sign $1 Billion Exchange Exposure Agreement to Increase Development Lending Capacity to African Nations

The African Development Bank and the Asian Development Bank have signed a $1 billion exchange exposure agreement (EEA) aimed at enhancing the African Development Bank’s capital position and its capacity for sustainable lending across Africa.

The agreement, signed on the sidelines of the IMF /World Bank Annual Meetings in Washington DC on Friday 25 October, is the third exposure exchange transaction under the African Development Bank’s Balance Sheet Optimization strategy.

This new agreement will enable the African Development Bank to optimize its capital resources by redistributing sovereign exposures, thus reducing portfolio concentration risks and providing a protective buffer against potential credit migrations of its member countries. By mitigating sovereign concentration and maintaining a diversified risk profile, this exchange will strengthen the African Development Bank’s ability to offer increased support across all its borrowing countries, even amidst global challenges that impact African economies.

The transaction follows prior successfully executed transactions in December 2015 with the Inter-American Development Bank (IADB) and the International Bank for Reconstruction and Development (IBRD) and one with the Asian Development Bank in 2023. The initial transactions allowed the Bank to diversify its concentration risks and increase its lending capacity while optimizing its balance sheet to improve its prudential ratios.

“This transaction is a continued demonstration of multilateral development banks’(MDBs) cooperation as recommended by the G20 International Financial Architecture working group and remains in line with the G20 call for development institutions to optimize and leverage their balance sheets. We appreciate the continued corporation with our peers in fulfilling our respective development agendas,” said Hassatou N’Sele, African Development Bank’s Vice President for Finance and Chief Financial Officer.

In addition, the African Development Bank will be able to maintain capital flexibility without compromising its risk profile, while supporting the Bank’s Ten-Year Strategy.

“As MDBs, we play a crucial role in stabilizing and supporting the financial needs of developing nations. This agreement underscores our commitment to maximizing our capital resources and collaborating with our peers to sustain growth across Africa,” said Max Ndiaye, Senior Director of the Syndications, Client Solutions and Africa Investment Forum department of the African Development Bank. “Through this exchange, we continue to lead in innovation, enabling us to deliver on our mission with a strengthened capital position that serves our Regional Member Countries effectively.”

MDBs use exposure exchange agreements as a diversification and capital management tool to optimize their balance sheets by synthetically exchanging a portfolio of loan exposures with exposure to countries where credit exposure is less or non-existent.

This latest transaction brings the total exchange exposure agreements amounts executed by the African Development Bank to $6.5 billion.

Tags: ADB Sign $1 Billion Exchange Exposure Agreement to Increase Development Lending Capacity to African NationsAfDBAfrican nationsDevelopment Lending Capacity

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Sub-Saharan Africa Maintains Resilient Growth but Faces Urgent Jobs Challenge

Value or Illusion? Questioning the DStv “Increased Value Offer”

Inflation is Falling, But the Relief isn’t Uniform

Poultry Programme: Production and Processing Must Grow Hand-in-Hand

CAF Declares $9.48 Million Profit as Financial Turnaround Under Dr. Patrice Motsepe Gains Momentum

Bank of Ghana Sells GH¢4.91bn in 56-Day Bills at 21.48% Yield

Trending

Features

GJA President Underscores Vital Role of Journalists in Safeguarding Ghana’s Maritime Domain

October 7, 2025

GJA President Underscores Vital Role of Journalists in Safeguarding Ghana’s Maritime Domain President of the Ghana Journalists...

Barrick Exits Ivory Coast With $305 Million Tongon Mine Sale

October 7, 2025

Sub-Saharan Africa’s Growth to Accelerate to 3.8% in 2025 Amid Inflation Easing – World Bank

October 7, 2025

Sub-Saharan Africa Maintains Resilient Growth but Faces Urgent Jobs Challenge

October 7, 2025

Value or Illusion? Questioning the DStv “Increased Value Offer”

October 7, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.