AADFI Welcomes New Members

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Abidjan, June 11, 2024 – The Association of African Development Finance Institutions (AADFI) welcomes two distinguished institutions, the National Development Bank (NDB) Botswana and the Industrial Development Corporation of Zimbabwe (IDCZ), to its membership.

The two institutions were inducted at the 50th AADFI Ordinary General Assembly held on May 27, 2024, in Nairobi, Kenya, on the sidelines of the 2024 Annual Meetings of the African Development Bank (AfDB).

The AADFI is witnessing growth in membership, given its strategic focus on supporting member institutions in driving the sustainable development agenda of their national economies. The NDB Botswana and IDCZ Zimbabwe are set to take advantage of the AADFI’s value proposition to help African national development banks and finance institutions advance their mandates. For more information on the AADFI and its activities, visit www.adfi-ci.org.

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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.

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