|
Getting your Trinity Audio player ready...
|
The African Development Bank (AfDB) has appointed Societe Generale as lead advisor for the development and execution of its new Multi Originator Synthetic Securitisation Platform.
The agreement was signed on November 26 during the Africa Investment Forum Market Days 2025 in Rabat, Morocco.
The securitisation platform is designed as a revolving and scalable risk transfer mechanism that will help development finance institutions strengthen their balance sheets, gain regulatory capital relief and attract private investment.
It builds on three earlier transactions completed under the Bank’s Room to Run initiative since 2018.
Societe Generale will lead the design and structuring of the platform and provide financial modeling and investor engagement support ahead of its launch.
The first phase targets a two billion dollar reference portfolio that will include assets from the African Development Bank, the Development Bank of Southern Africa and potentially other institutions. The portfolio is expected to cover diverse sectors, regions and risk categories.
In the long term, the platform aims to introduce harmonized issuance documents, common credit assessment standards and a shared Special Purpose Vehicle structure to encourage participation from more African and international development finance institutions.
Pascale Olivié, Senior Advisor for Asset Backed Solutions at Societe Generale, said the bank is pleased to apply its expertise in risk transfer structures to support the African Development Bank and its partners in creating a groundbreaking multicountry securitization platform that can expand sustainable finance and inclusive growth in Africa.
Read also: AfDB approves $500m loan for Nigeria’s energy transition, governance reforms
Max Ndiaye, senior director for Syndications, Client Solutions and the Africa Investment Forum at the African Development Bank, said the platform is expected to become a catalyst for freeing up new lending capacity for transformative projects across the continent.
He added that the initiative aligns with the Bank’s Ten Year Strategy and supports the institution’s goal of accelerating private capital mobilisation for Africa.
The African Development Bank Group is Africa’s premier development finance institution and operates in 41 African countries with an external office in Japan.
