The 3rd edition of the Finance in Common (FiCS) Summit will be co-organized by the African Development Bank and the European Investment Bank on 19 and 20 October 2022 in Abidjan, Côte d’Ivoire as a hybrid event, allowing virtual and in-person participation. The event’s theme will be “Green and Just transition for a sustainable recovery”.
Finance in Common Summit 2022 – SAVE THE DATE Read More »
May 11, 2022 Derivatives have an important role to play in the development of capital markets in emerging and developing jurisdictions and in enabling a wide range of their end users to better manage the business and financial risks they are exposed to in their normal course of business. This paper seeks to help policymakers
The ICR Facility has launched a Call for Proposals to select our partner banks for the 2022–2025 period. Banks will be asked to submit a set of proposed activities, the majority of which should be activities to empower women’s economic participation or be related to investment approaches that consider gender aspects.
ICR Facility – Call for Proposals now open Read More »
TCX protects the most vulnerable from financial volatility emanating from #currencyrisk. But how do we report on #developmentimpact? Read about it in the 2021 Impact Report, out today! 👇 Some highlights:✔In 2021, we absorbed currency risk for USD 1.4 billion of #sustainablefinance loans into EM and frontier countries✔The majority of these loans support #MSMEs and 14% went to the non-financial sector✔De-risked
TCX Impact Report 2021 Read More »
Increasing debt management capacity for sovereigns will be a most crucial development challenge for decades to come. The COVID-19 economic shutdown caused a massive increase in debt and currency risk held by governments (Sikarwar, 2021). A recent study reported that 68 sovereigns received credit downgrades since March 2020 (OECD). Moreover, nations need further financing for SDGs and climate pledges.
Expanding on the general overview of the financial sector in Africa, this second article focuses on the development of the capital markets and the recent initiatives to attract long-term capital to the continent. Capital markets in Africa are still in their infancy and mirror the economic development of the continent. However, the evolution over the last decade prior
Overview of Africa’s Financial Sector: Long-term finance and capital markets Read More »
The Association of African Development Finance Institutions (AADFI), in partnership with the European Organization for Sustainable Development (EOSD), has sustained effort in ensuring that AADFI member National DFIs and other value-driven financial institutions comply with the sustainability standards and become Sustainability-Certified Financial Institutions. The Kenya Development Corporation (KDC), a member of AADFI, is the latest African DFI onboarded into the Sustainability Certification process in an SSCI kick-start virtual session held today, 11th April 2022.
Kick-Start Session for Kenya Development Corporation (KDC) Sustainability Certification Read More »
Pull Quote: Banks need to embrace sustainability, which will put them in the position to turn the current and emerging challenges into historic and long-term success.
International financial system no longer apolitical Read More »
COMMUNIQUE DE PRESSE Abidjan, Côte d’Ivoire, 5 avril 2022 – L’Association des institutions africaines de financement du développement (AIAFD) tiendra son Assemblée annuelle 2022 sur le thème : « Mobilisation de ressources innovantes pour le financement du développement : Programme adapté aux IFD africaines. » L’événement sera organisé par National Investment Bank Ltd. (NIB) Ghana du
COMMUNIQUE DE PRESSE: ASSEMBLÉE ANNUELLE 2022 DE L’AIAFD Read More »
In addition to being accountable to their shareholders regarding use of capital and ensuring positive financial performance, National Development Banks (NDBs) are also responsible for the development impact which arises from their interventions.
BoI grows assets to N1.7tn, says chairman Read More »
