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AfDB’s Sovereign Portfolio Retains Top Spot in 2024 Aid Transparency Index

The African Development Bank (AfDB) has once again secured the top position in the Aid Transparency Index for its sovereign portfolio. This recognition highlights the Bank’s unwavering commitment to transparency and accountability in its operations and aid distribution. The Aid Transparency Index, an annual ranking by Publish What You Fund, evaluates the transparency of aid […]

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AfDB and IFRS Foundation to Boost Sustainable Finance Disclosure in Africa

The African Development Bank (AfDB) and the International Financial Reporting Standards (IFRS) Foundation have signed a letter of intent to enhance sustainability disclosure practices across Africa. This agreement, made during the AfDB’s 2024 Annual Meetings in Nairobi, aims to improve transparency and accountability in the region’s financial markets. Kevin Kariuki, AfDB Vice President for Climate, […]

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