Banque Nationale de Développement Agricole, Mali’s first Green Climate Fund accredited entity

At the session of its Board of Directors held on October 21, 2024 in Songdo, South Korea, the Banque Nationale de Développement Agricole (BNDA) was accredited by the Green Climate Fund (GCF). As the second bank in the sub-region to receive this prestigious accreditation, BNDA reaffirms its commitment to sustainable development and the fight against climate change, essential elements in the resilience of the economy of Mali.

The GCF is one of the world’s largest financing mechanisms dedicated to the fight against climate change. Its support will enable BNDA to mobilize substantial resources for projects aimed at reducing greenhouse gas emissions while supporting adaptation to climate impacts in vulnerable areas. In a predominantly desert country like Mali, this accreditation will strengthen BNDA’s ability to finance agroforestry, sustainable irrigation and efficient water resource management initiatives, contributing to a more resilient future for rural communities.

With the support of the GCF, BNDA positions itself as a trusted partner for the development of a green economy, promoting financial inclusion and environmental protection for a prosperous and resilient Mali.


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2026 AADFI Annual General Assembly

The Association of African Development Finance Institutions (AADFI) is pleased to announce that its 2026 Annual General Assembly will take place from May 24 to 29, 2026, in Brazzaville, Republic of Congo, on the sidelines of the African Development Bank (AfDB) Annual Meetings.

The Annual General Assembly will be held on the theme “Augmenting Sovereign Finance in Africa: DFIs Unlocking Growth and Resilience through NAFA,” with a focus on the transformative role of African Development Finance Institutions (DFIs) in strengthening Africa’s financial sovereignty. The discussions will align with the AfDB-led New African Financial Architecture (NAFA), a system-level framework designed to mobilize long-term investment, reduce Africa’s cost of capital, and reinforce resilience through coordinated financial systems and deeper domestic capital markets.

The Annual General Assembly will convene leaders of African DFIs, government officials, regional institutions, and development partners to further explore how African DFIs can catalyze local investment, de-risk strategic projects, and strengthen economic autonomy to build resilience against global shocks and bridge the continent’s infrastructure funding gap.

Further details will be shared in the coming weeks.