Go to search feature Go to content

You need to use a different browser. To be able to use our internet services, you can instead use one of these browsers: Apple Safari, Google Chrome, Microsoft Edge or Mozilla Firefox.

Read more about recommended browsers

SEB helped AfDB issue its first green bond in Norwegian kroner

SEB has helped the African Development Bank, AfDB, to issue its inaugural NOK 1 billion Green Bond. The proceeds will be used to finance African countries' green transition and inclusive growth.

“As a pioneering participant in the ESG market, the African Development Bank is pleased to launch its inaugural Green Bond in the Norwegian market in collaboration with SEB in order to support the Bank’s commitment towards addressing the devastating effects of climate change in Africa”, says Keith Werner, Division Manager, Capital Markets and Financial Operations, African Development Bank.

“We are proud to assist AfDB’s continued expansion into new areas of the green finance market and support the delivery of their green growth strategy in Africa”, says Ben Powell, head of Sustainable Debt Capital Markets, SEB.

The overarching objective of the African Development Bank (AfDB) Group is to spur sustainable economic development and social progress in its regional member countries. Their mission is to help reduce poverty, improve living conditions for Africans and mobilize resources for the continent’s economic and social development.

Read press release (afdb.org)