Author name: AdmAADFI

FAO Investment Centre’s 2024 Annual Review 

Investing in agrifood systems changes lives – lifting people out of poverty and hunger, connecting small-scale farmers and rural entrepreneurs to markets and financing, protecting vital ecosystems and biodiversity, and much more. For six decades and counting, the FAO Investment Centre has worked with countries and financiers to invest in food and agriculture for a

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AADFI Announces Newly Elected Board of Directors

The Association of African Development Finance Institutions (AADFI) is pleased to announce the new composition of its Board of Directors following elections held during its 51st Ordinary General Assembly Meeting on May 26, 2025, in Abidjan, Côte d’Ivoire. The election of Dr. Patricia Ojangole, Managing Director of the Uganda Development Bank (UDB) Ltd., as the new Chairperson follows the end of the

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AADFI @ 50: Reflecting on the past, the present, and perspectives into the future

Executive Summary The Association of African Development Finance Institutions (AADFI), apex membership organization for Development Finance Institutions (DFIs) in Africa, celebrates its golden jubilee in 2025. As part of the activities to mark this milestone, AADFI commissioned this study with the theme “AADFI @ 50: Reflecting on the Past, the Present, and Perspectives into the

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Setting Strategic Agenda For AfDB’s New Transformational Leader

By Ronald Ssemagonja Having just returned from the African Development Bank’s Annual Meetings, where history was made, I witnessed firsthand the election of Sidi Ould Tah as the institution’s new President. His overwhelming victory—securing 76.18% of votes, including 72.37% support from regional member countries—signals Africa’s confidence in his vision for the continent’s financial future. The

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AADFI Members Recognized for Excellence at 2025 African Banker Awards

Abidjan, Côte d’Ivoire, June 2, 2025 – The Association of African Development Finance Institutions (AADFI) proudly celebrated an exceptional achievement as its distinguished members were honored at the 2025 African Banker Awards, held on May 28, 2025, on the sidelines of the African Development Bank (AfDB) Annual Meetings. This year’s awards not only spotlight the excellence of individual institutions but also reaffirm

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AADFI Elects New Chairperson: Dr. Patricia Ojangole, Managing Director of Uganda Development Bank (UDB) Ltd.

The Association of African Development Finance Institutions (AADFI) is delighted to announce the election of Dr. Patricia Ojangole, Managing Director of Uganda Development Bank Ltd. (UDB), as the new Chairperson of AADFI. Dr. Ojangole was elected during the 51st Ordinary General Assembly held on May 26, 2025, at the Sofitel Hotel Ivoire in Abidjan, Côte d’Ivoire. Her election coincided with AADFI’s 50th-anniversary

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AADFI Celebrates 50 Years of Impact at its 2025 Annual General Assembly in Abidjan, Côte d’Ivoire

Abidjan, Côte d’Ivoire, May 29, 2025 – The Association of African Development Finance Institutions (AADFI) marked a historic milestone during its 2025 Annual General Assembly, coinciding with its 50th anniversary. The event was held from May 25 to 28, 2025, at the Sofitel Hotel Ivoire, Abidjan, Côte d’Ivoire, on the theme “AADFI @ 50: Joining Forces for a More Sustainable and

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UDB launches RISE program

By Ronald Ssemagonja The Minister of Science, Technology and Innovation, Hon. Monica Musenero, has urged innovators to seize the opportunities provided by Uganda Development Bank (UDB) to realise their dreams. She made these remarks during the launch of the Reshaping Industries for a Sustainable Economy (RISE) programme at Serena Hotel, Kampala. “This programme provides an

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