African Development Bank (AfDB) and ILX Management B.V. (ILX) have signed an agreement to scale up investments in the Bank Group’s regional member countries.
ILX, Hassatou N’sele ,Vice President and Chief Financial Officer,AfDB and Manfred Schepers CEO of ILX during the signing in Netherlands.
ILX’s investors are the Dutch pension fund asset managers, APG Asset Management and Achmea Investment Management . The statement said the cooperation arrangement would enable AfDB to mobilise financial resources from institutional investors to bridge the significant financing gap required to meet its High Five priorities.
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