• 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 explores multi-instrument approaches with insurers to support sovereign borrowings

2 years ago
in Business, Features, highlights, Home, home-news, Insurance, latest News
1 min read
0 0
0
71
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

AfDB explores multi-instrument approaches with insurers to support sovereign borrowings

The African Development Bank Group (AfDB) recently hosted an investor relationship event in London, bringing together representatives from over 30 insurance companies to discuss its balance sheet optimization and mobilization ambitions. The meeting, which took place on February 28th on the margins of the ExCred International conference, was attended by insurers from London, Bermuda, and other international markets, including several Lloyd’s Syndicates.

The purpose of the interactive session was to educate insurance market practitioners on the Bank Group’s mobilisation plans for 2023 and beyond, as well as to deepen its relationship with institutional investors by explaining its origination processes and risk management framework. Max Ndiaye, Acting Director of the Co-Financing, Syndications and Client Solutions department, highlighted the evolution of the Bank’s risk transfer activities and the importance of its preferred creditor status in maintaining the asset quality of its sovereign loan book. Ndiaye also spoke on the origination and approval process of new transactions.

The AfDB emphasized the benefits of its preferred credit status with respect to pricing and elaborated on the lack of sovereign defaults on its loans or credit enhanced facilities. The Bank’s focus on sustainable development finance goals was also highlighted, with Simon Bessant, Global Head of Insurance at The Texel Group, noting the importance of explaining these goals to institutional investors and encouraging their participation in projects that they may not normally be able to accommodate at a pricing that is palatable to AfDB borrowers.

Nana Spio-Garbrah, Acting Manager of the Client Solutions Division, commented on the Bank’s increased exploration of multi-instrument approaches with insurers through syndication and guarantees in support of sovereign borrowings in line with their newly adopted ESG Frameworks.

The G20 Capital Adequacy Framework Report has emphasized the need for increased private capital mobilization to achieve the UN Sustainable Development Goals and Agenda 2063, recommending the scaling up of risk transfer activities with multilateral development banks.

The AfDB has already concluded many balance sheet optimization and risk sharing structures with pools of private capital and/or unfunded credit protection providers, but it recognizes that regular dialogue will help strengthen its partnerships in this area. Notable transactions include the Room to Run Sovereign in October 2022, which featured participation from Axa, Axis, and HDI Specialty, following the success of the Bank’s innovative “Room to Run” (R2R) initiative.

RelatedPosts

President Mahama’s Speech as he Addresses Nation After Military Helicopter Crash [Full Text]

President Mahama Pledges Full, Transparent Probe into August 6 Military Helicopter Crash

State Funeral for Victims of Military Helicopter Crash Scheduled for August 15 – President Mahama

With the mobilization of institutional investors, the AfDB aims to maximize the benefits of its landmark GCI-7 capitalization and further leverage its capital. The continued engagement with asset managers and institutional investors is expected to yield new risk-sharing structures that will support the Bank’s goals of sustainable development and economic growth in Africa.

Tags: AfDBAfDB explores multi-instrument approaches with insurers to support sovereign borrowingsinsurersSovereign borrowings
No Result
View All Result

Highlights

Black Box of Crashed Military Helicopter Recovered – Ashanti Regional Minister Confirms

Importers and Exporters Association Mourns Victims of Helicopter Crash

Remains of Military Helicopter Crash Victims Flown to South Africa for DNA Identification

Ghana Holds Wreath-Laying Ceremony at Jubilee House in Honour of Helicopter Crash Victims

AfCFTA Secretary-General Mourns Ghana Helicopter Crash Victims

15% US Tariff on Ghanaian Exports Takes Effect Today

Trending

Features

President Mahama’s Speech as he Addresses Nation After Military Helicopter Crash [Full Text]

August 7, 2025

President Mahama’s Speech as he Addresses Nation After Military Helicopter Crash Good evening, my countrymen and...

President Mahama Pledges Full, Transparent Probe into August 6 Military Helicopter Crash

August 7, 2025

State Funeral for Victims of Military Helicopter Crash Scheduled for August 15 – President Mahama

August 7, 2025

Black Box of Crashed Military Helicopter Recovered – Ashanti Regional Minister Confirms

August 7, 2025

Importers and Exporters Association Mourns Victims of Helicopter Crash

August 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.