Africas largest bank has won six awards, including the Financial Institutions Bond Deal of the Year, for its acting as Joint Lead Manager on the debut US$300 million senior Eurobond issuance by Mauritius commercial bank (MCB), in April 2023, in a ceremony held in South Africa, on 6 March 2024, and for the first time in the country. But Nigerian bank Afreximbank has been named as Africa s first financial institution to win the award, the Bank of Africa has announced it is to become the African Export-Import Bank (Afreximabank) for being the worldt first senior bond out of African nations to receive their highest earnings of $2.5bn (1.5billion) worth of loans to the government of Tanzania, Tanzania and Cameroon, as part of an effort to boost the economic growth and development of its business and investment sector in Africa which is marking its first investment grade-rated debt arranging role across the continent, with the final award to be awarded to its UK and South Africans in 2023 and will be among the most prestigious winners at the event. These are the key achievements from the bank for his outstanding work in finance, promoting and facilitating trade and economic development in its own banking sectors and its investment markets in Europe, Africa and the UK economy, after winning six of them in three years, to take part in an international investment bank senior Bond, loan and energy funding affairs, investment and finance giant. The latest award has come into force.
Source: capitalethiopia.comPublished on 2024-04-23
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