This report outlines various policies and initiatives to alleviate trade constraints and catalyse the emergence of vibrant RVCs in Africa. It shows that the confluence of GSC realignment under the new world order and the implementation of the AfCFTA provides a unique opportunity for accelerating manufacturing export growth in Africa. In particular, rules of origin […]
Promoting holistic sustainability among member DFIs is one strategic objective of the Association of African Development Finance Institutions( AADFI). The Association has been championing this agenda through thought programs and activities it has initiated. From January 23 to 24, 2024, the Association conducted an Executive Study visit to the Uganda Development Bank (UDB) Ltd to
AADFI – embedding sustainability principle in member DFIs. Read More »
By Henry Falaiye The Development Bank of Nigeria has won the 2022 Arab Gulf Programme for Development Prince Talal International Prize for Human Development, for its work on ‘Sustainable Development Goal 8 Decent Work and Economic Growth’. A statement disclosed that the bank emerged winner of the first category having competed with over 100 projects within
COP28: Development Bank wins $400,000 award Read More »
Arshad Rab, CEO, of the European Organisation for Sustainable Development, and Chairman, of the International Sustainability Council, is urging African financial institutions to focus more on becoming sustainable and embrace sustainability holistically, stressing that too much focus on reporting is unhealthy. In a chat with CNBC Africa on the side-lines of the Nigeria Sustainability Summit 2023, Rab says comprehensive metrics are being developed to drive sustainability.
EOSD CEO: Corporates need to embrace sustainability holistically Read More »
CONSULTING SERVICES Expressions of Interest The Association of African Development Finance Institutions (AADFI) received financing from Agence Française de Développement (“AFD”) and intends to use part of the funds thereof for payments under the Consultancy service for training the AADFI staff on managing the AADFI Learning Management System (LMS). The Services of the consultant shall consist of Training the
TRAINING ON MANAGING THE AADFI LMS PLATFORM Read More »
Africa requires more bankable projects to unlock investment flows from private sector as the continent explores various innovative financing models to tackle the huge gap of accessing climate finance. CNBC Africa spoke to Patricia Ojangole Chief Executive Officer, Uganda Development Bank.
Unpacking the nexus between development finance and climate change Read More »
PETER DANIEL ONIMISI (Ph.D.) Introduction Since independence from colonial domination in the 1960s, Africa’s economic performance has been relatively underwhelming. It is noteworthy that Africa grew more quickly than other developing regions of the world during the first ten years of independence. However, the continent was severely set back in the late 1970s, and this
Leveraging Africa’s Comparative Advantage for its Development in a Globalized World Read More »
The Bank of Industry (BOI) is implementing an on-lending financing scheme to be implemented through local development financial institutions and would support customers interested in adopting clean energy solutions. This is a major push to significantly raise the bank’s share of investments in Africa’s renewable energy quest by 2030. Olasupo Olusi, managing director/CEO, BOI, announced
BOI to boost Africa’s clean energy financing Read More »
The African Development Bank (AfDB), notes that Africa needs to spend $250 yearly to meet its climate finance needs not only to comply with a greener world nicety but as a strategy for to grow its economy. Climate spending and economic growth, according to reports, have converged in recent years, with the World Bank arguing
Reinvention of African, Asian DFIs for climate funding call Read More »
