ShafDB
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ShafDB sustainable finance framework meets global bond standards
Shelter Afrique Development Bank’s Sustainable Finance Framework has received confirmation from S&P Global Ratings that it aligns with international standards for green, social and sustainability bonds. The confirmation covers the International Capital Market Association’s Green Bond Principles, Social Bond Principles and Sustainability Bond Guidelines. S&P Global Ratings has also published the framework alongside its corresponding…
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Shelter Afrique Appoints New Board Leadership to Drive Growth
Shelter Afrique Development Bank (ShafDB) has named Lionel Zinsou as Chairman of the Board and Said Athman Mtwana as Vice Chairman. The appointments were made during the Bank’s 149th Board meeting on 11 December. Zinsou, former Prime Minister of Benin and a seasoned economist, brings decades of experience in global finance, investment banking, and public…
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ShafDB Gets $120M Boost from BADEA to Spur Affordable Housing
Shelter Afrique Development Bank (ShafDB) has received support of up to $120 million from the Arab Bank for Economic Development in Africa (BADEA) to boost its financial strength and operational capacity. Shelter Afrique Development Bank has been a front-runner in providing affordable housing and urban development. By offering resources on more favorable terms, member states…
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