Members News

Increasing debt management capacity for sovereigns will be a most crucial development challenge for decades to come. The COVID-19 economic shutdown caused a massive increase in debt and currency risk held by governments (Sikarwar, 2021). A recent study reported that 68 sovereigns received credit downgrades since March 2020 (OECD). Moreover, nations need further financing for SDGs and climate pledges.

Pull Quote: Banks need to embrace sustainability, which will put them in the position to turn the current and emerging challenges into historic and long-term success.

In addition to being accountable to their shareholders regarding use of capital and ensuring positive financial performance, National Development Banks (NDBs) are also responsible for the development impact which arises from their interventions.

In addition to being accountable to their shareholders regarding use of capital and ensuring positive financial performance, National Development Banks (NDBs) are also responsible for the development impact which arises from their interventions.

In addition to being accountable to their shareholders regarding use of capital and ensuring positive financial performance, National Development Banks (NDBs) are also responsible for the development impact which arises from their interventions.

The Kenya Development Corporation (KDC) has been accepted into the Sustainable Standards and Certification Initiatives (SSCI) program by the European Organization for Sustainable Development.

Fitch Ratings – London – 21 Sep 2021: Fitch Ratings has affirmed Nigeria-based Bank of Industry Limited’s (BOI) Long-Term Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook. Fitch has also upgraded BOI’s National Long-Term Rating to ‘AAA(nga)’ from ‘AA+(nga)’, reflecting our view of an increased likelihood of support from the Nigerian authorities for

This being the speech as delivered by the Managing Director and CEO of Development Bank of Nigeria (DBN) at the induction ceremony for the Association of African Development Finance Institutions (AADFI) into the Sustainability Standards and Certification Initiative (SSCI) of the European Organisation for Sustainable Development (EOSD). The CEO Session held virtually on Tuesday, August