The African Development Bank Group has appointed Société Générale as lead advisor for the structuring and execution of its Multi-Originator Synthetic Securitisation Platform.
The two entities signed a contract on November 26 during the Africa Investment Forum Market Days 2025 in Rabat (Morocco).
Joining three other transactions executed since 2018 under the bank’s successful Room to Run initiative, the SST Platform will operate as a revolving, evergreen and scalable risk-transfer vehicle offering development finance institutions regulatory capital relief, improved balance sheet resilience, and a pathway to mobilise private investment at scale.
Société Générale, an eminent partner owing to its extensive expertise in significant risk transfer transactions, will play a lead role in the design and structuring of the platform ahead of its launch, while providing financial modelling and preparing investor outreach materials.
The initial phase of the SST Platform targets a $2 billion reference portfolio that is diversified across sectors, geographies, and risk profiles, combining assets from the AfDB, the Development Bank of Southern Africa, and potentially other institutions.
In the long term, the SST Platform is expected to introduce harmonised issuance documentation, standardised credit assessment approaches, and a shared Special Purpose Vehicle structure to attract participation by additional African and international development finance institutions.
Pascale Olivié, Senior Advisor, Asset-Backed Solutions at Société Générale, said,
“Societe Generale is pleased to leverage its in-depth expertise in risk-transfer solutions to advise African Development Bank, DBSA and other prominent development institutions in establishing a groundbreaking multi-originator synthetic securitisation platform.
“This marks a significant milestone in advancing sustainable finance and attracting private investment for inclusive growth across Africa.”
At the signing, Max Ndiaye, AfDB Senior Director for Syndications, Client Solutions and the Africa Investment Forum, said, “The SST Platform is expected to be a catalyst for expanding lending headroom for high-impact projects, positioning it as a cornerstone in Africa’s efforts to scale financing solutions that drive sustainable growth across the continent.”
The agreement advances the bank’s Ten-Year Strategy and aligns with President Sidi Ould Tah’s Four Cardinal Points, which prioritise accelerating private capital mobilisation for Africa.
