{"id":23677,"date":"2023-11-12T08:26:16","date_gmt":"2023-11-12T08:26:16","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond"},"modified":"2023-11-12T08:48:18","modified_gmt":"2023-11-12T08:48:18","slug":"aiib-afdb-guarantee-africas-first-sustainable-panda-bond","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond","title":{"rendered":"AIIB, AfDB Guarantee Africa\u2019s First Sustainable Panda Bond"},"content":{"rendered":"

Africa-Press – Eritrea. <\/strong><\/span>The Asian Infrastructure Investment Bank (AIIB) and the African Development Bank (AfDB) have provided guarantees to support the issuance of Egypt\u2019s first Sustainable Panda Bond at a value of RMB3.5 billion. This bond is the first issuance of an African sovereign in the Chinese interbank bond market, underscoring Egypt\u2019s commitment to driving sustainable development.<\/p>\n

The guarantees from the two multilateral development banks with triple-A ratings helped attract investors and secured competitive terms for the transaction.<\/p>\n

The bond proceeds will support Egypt\u2019s inclusive growth and green objectives under its Sovereign Sustainable Financing Framework launched ahead of COP27 in 2022 to finance Paris Agreement-aligned digital and transportation projects. These projects will further contribute to reducing carbon emissions and improving the livelihood of Egyptian citizens.<\/p>\n

\u201cThis is the first guarantee provided by AIIB to a sovereign issuer and is in line with AIIB\u2019s commitment to promoting sustainable development and mobilizing private capital to strengthen financial support to our Members\u2019 infrastructure sector,\u201d said AIIB Director General (Banking) Najeeb Haider. \u201cOur guarantee will support Egypt to mobilize resources for sustainable transport and digital infrastructure, which will drive green growth.\u201d<\/p>\n

\u201cBeing the first African sovereign to issue Sustainable Panda Bonds is a historical move not just for the country but for the entire continent,\u201d said AIIB Director and Vice Minister of Ministry of Finance of Egypt Ahmed Kouchouk, \u201cWe have paved the way for accessing alternate, sustainable financing for our African neighbors. This reflects our unwavering commitment to unlock resources at scale to support green development.\u201d<\/p>\n

The project was approved by AIIB\u2019s Board of Directors during AIIB\u2019s Board Meetings held in Cairo last month. The Board meeting was followed by AIIB\u2019s Eight Annual Meeting held Sep. 25-26 in Sharm El-Sheikh. Egypt is AIIB\u2019s founding member and as of today, AIIB has approved six projects amounting to USD1.48 billion across the energy, transport and water sectors in the country.<\/p>\n

Newsroom<\/b><\/p>\n

For More News And Analysis About Eritrea<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eritrea. The Asian Infrastructure Investment Bank (AIIB) and the African Development Bank (AfDB) have provided guarantees to support the issuance of Egypt\u2019s first Sustainable Panda Bond at a value of RMB3.5 billion. This bond is the first issuance of an African sovereign in the Chinese interbank bond market, underscoring Egypt\u2019s commitment to driving […]<\/p>\n","protected":false},"author":84,"featured_media":23675,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[242,243,233],"class_list":["post-23677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-eritrea","tag-eritrea"],"yoast_head":"\nAIIB, AfDB Guarantee Africa\u2019s First Sustainable Panda Bond - Eritrea<\/title>\n<meta name=\"description\" content=\"The Asian Infrastructure Investment Bank (AIIB) and the African Development Bank (AfDB) have provided guarantees to supp ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AIIB, AfDB Guarantee Africa\u2019s First Sustainable Panda Bond\" \/>\n<meta property=\"og:description\" content=\"The Asian Infrastructure Investment Bank (AIIB) and the African Development Bank (AfDB) have provided guarantees to supp ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond\" \/>\n<meta property=\"og:site_name\" content=\"Eritrea\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-12T08:26:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-12T08:48:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/11\/sm_1699766102.164358.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"820\" \/>\n\t<meta property=\"og:image:height\" content=\"584\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"AIIB, AfDB Guarantee Africa\u2019s First Sustainable Panda Bond\",\"datePublished\":\"2023-11-12T08:26:16+00:00\",\"dateModified\":\"2023-11-12T08:48:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond\"},\"wordCount\":341,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/11\/sm_1699766102.164358.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eritrea\",\"Eritrea\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond\",\"url\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond\",\"name\":\"AIIB, AfDB Guarantee Africa\u2019s First Sustainable Panda Bond - Eritrea\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/11\/sm_1699766102.164358.jpg\",\"datePublished\":\"2023-11-12T08:26:16+00:00\",\"dateModified\":\"2023-11-12T08:48:18+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The Asian Infrastructure Investment Bank (AIIB) and the African Development Bank (AfDB) have provided guarantees to supp ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/11\/sm_1699766102.164358.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/11\/sm_1699766102.164358.jpg\",\"width\":820,\"height\":584,\"caption\":\"AIIB, AfDB Guarantee Africa\u2019s First Sustainable Panda Bond\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/eritrea\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AIIB, AfDB Guarantee Africa\u2019s First Sustainable Panda Bond\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#website\",\"url\":\"https:\/\/www.africa-press.net\/eritrea\/\",\"name\":\"Eritrea\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/eritrea\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"AIIB, AfDB Guarantee Africa\u2019s First Sustainable Panda Bond - Eritrea","description":"The Asian Infrastructure Investment Bank (AIIB) and the African Development Bank (AfDB) have provided guarantees to supp ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond","og_locale":"en_US","og_type":"article","og_title":"AIIB, AfDB Guarantee Africa\u2019s First Sustainable Panda Bond","og_description":"The Asian Infrastructure Investment Bank (AIIB) and the African Development Bank (AfDB) have provided guarantees to supp ...","og_url":"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond","og_site_name":"Eritrea","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-11-12T08:26:16+00:00","article_modified_time":"2023-11-12T08:48:18+00:00","og_image":[{"width":820,"height":584,"url":"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/11\/sm_1699766102.164358.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"AIIB, AfDB Guarantee Africa\u2019s First Sustainable Panda Bond","datePublished":"2023-11-12T08:26:16+00:00","dateModified":"2023-11-12T08:48:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond"},"wordCount":341,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/11\/sm_1699766102.164358.jpg","keywords":["Africa Press","Africa Press-Eritrea","Eritrea"],"articleSection":["all news","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond","url":"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond","name":"AIIB, AfDB Guarantee Africa\u2019s First Sustainable Panda Bond - Eritrea","isPartOf":{"@id":"https:\/\/www.africa-press.net\/eritrea\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/11\/sm_1699766102.164358.jpg","datePublished":"2023-11-12T08:26:16+00:00","dateModified":"2023-11-12T08:48:18+00:00","author":{"@id":"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The Asian Infrastructure Investment Bank (AIIB) and the African Development Bank (AfDB) have provided guarantees to supp ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond#primaryimage","url":"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/11\/sm_1699766102.164358.jpg","contentUrl":"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/11\/sm_1699766102.164358.jpg","width":820,"height":584,"caption":"AIIB, AfDB Guarantee Africa\u2019s First Sustainable Panda Bond"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/eritrea\/all-news\/aiib-afdb-guarantee-africas-first-sustainable-panda-bond#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/eritrea\/"},{"@type":"ListItem","position":2,"name":"AIIB, AfDB Guarantee Africa\u2019s First Sustainable Panda Bond"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/eritrea\/#website","url":"https:\/\/www.africa-press.net\/eritrea\/","name":"Eritrea","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/eritrea\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/eritrea\/wp-json\/wp\/v2\/posts\/23677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/eritrea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/eritrea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/eritrea\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/eritrea\/wp-json\/wp\/v2\/comments?post=23677"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/eritrea\/wp-json\/wp\/v2\/posts\/23677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/eritrea\/wp-json\/wp\/v2\/media\/23675"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/eritrea\/wp-json\/wp\/v2\/media?parent=23677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/eritrea\/wp-json\/wp\/v2\/categories?post=23677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/eritrea\/wp-json\/wp\/v2\/tags?post=23677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}