in Short
Africa’s Best ESG Deal 2025 : AfDB’s $2B three-year social bond

On July 18, 2025, Euromoney named the African Development Bank’s (AfDB) $2 billion three‑year social bond as Africa’s top ESG deal. Launched on January 18, 2024, it was the AfDB’s inaugural social bond under its new sustainable bond framework. Crédit Agricole led structuring, with BNP Paribas, Bank of America Securities, JPMorgan, and Nomura as joint bookrunners.