AfDB wins global award for procurement excellence

Banking
Wednesday, 11 September 2019 18:14
AfDB wins global award for procurement excellence

(Togo First) - Earlier this week, the African Development Bank (AfDB) was recognised for procurement excellence by the Chartered Institute of Procurement & Supply (CIPS). AfDB is hence the first multilateral development to receive this recognition, worldwide, a communiqué on its website indicates.

“Winning this globally-recognised award is a piece of welcoming news and we are delighted to be commended for demonstrating advanced levels of corporate procurement capability,” commented Materus Magala, Vice President for Corporate Services and Human Resources at AfDB.  

AfDB, it should be noted, backs many development projects in Togo. Amongst these are the CIZO electrification project, the Agricultural Financing Incentive Mechanism and the Tax Governance Support programme. For the CIPS, it is the world’s largest professional body for procurement and supply management professionals, with offices worldwide, Africa included.

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