AfDB to Sell Fewer Bonds in 2010

The African Development Bank is planning to raise USD5.5 billion through bond sales in 2010 to support ongoing and new development projects, Reuters reports. This amount is USD2 billion less than the bank’s 2009 target , the news agency notes.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.