The African Development Bank (AfDB) launched, on June 14, 2022, the first environmental, social and governance (ESG) bond in the amount of 19 billion Ugandan shillings (UGX), or 5.07 million dollars. A policy that aims to reduce poverty on the continent, put an end to hunger and malnutrition by becoming a net exporter of foodstuffs. This issue, which concerns one of the five priorities (Feeding Africa) of the AfDB Group’s “High 5” strategy, was arranged by Standard Chartered Bank, with Capitulum Asset Management as lead investor.
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