•Women most beneficiaries of DBN investments with 72% – Okpanachi By Juliet Umeh Four Nigerian startups with innovative ideas around green and renewable energy have won a total of N20 million in seed funding from the Development Bank of Nigeria, DBN, at the bank’s 2024 Techpreneur Summit. The summit, in its third stage, held in Lagos […]
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INTRODUCTION In an inspiring move towards enhancing the socioeconomic fabric of Botswana, the Government has initiated the Chema-Chema Fund, aimed directly at invigorating the informal sector. This initiative is not just a financial boost but a comprehensive support system for the grassroots level entrepreneurs who are often overlooked by conventional economic policies. BACKGROUND The Chema-Chema
May 2025 will be a time of celebration for the Association of African Development Finance Institutions (AADFI) as it commemorates 50 years of pioneering sustainable development finance in Africa. This landmark anniversary is not merely a retrospective but a forward-looking milestone. Since its inception in May 1975, AADFI has been instrumental in fostering economic and
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To sustain its commitment to addressing climate change challenges and achieving the Paris Agreement, AADFI set up a Working Group on Climate Change, launched on November 9, 2023. The need for AADFI members to be involved in providing solutions to address climate challenges made it imperative for the Association to be strategically engaged. Consequently, the Working Group
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Executive Summary The African Development Finance Institutions (DFIs) Annual Performance Survey provides information on the status of African DFIs’ operations. The biannual performance survey measures African DFIs’ performance based on set indicators. The 2023 report is the second edition, based on the 2022 figures. Cross-sectional data from primary sources was used for the survey. Of
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Abidjan, June 12, 2024 – Mr. Muhammad Zubair, CEO of AlHuda Centre of Islamic Banking and Economics, based inthe United Arab Emirates, was received at the AADFI Headquarters in Abidjan, Côte d’Ivoire by Mr. Cyril Okoye, Secretary-General of AADFI, on June 12, 2024. The visit provided opportunities for AADFI and the AlHuda Center of Islamic Banking to discuss collaboration and partnership
The Export-Import Bank of India (India Exim Bank) has been organising the Africa-India Partnership Day (AIPD) as part of the events associated with the Annual Meetings of the African Development Bank Group (AfDB), starting with Marrakech (in 2013), and followed by Kigali (in 2014), Abidjan (in 2015), Lusaka (in 2016), Ahmedabad (in 2017), Malabo (in
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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
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The week of 27 to 31 May 2024, marked a significant milestone in Africa’s journey towards sustainable urban development. Embodied by the energy of the African Development Bank (AfDB) Annual Meetings in Nairobi, a pivotal discussion unfolded, focusing on the promising concept of smart cities across the continent. Throughout the meeting, profound conversations took place
AfDB Meetings Ignite Africa Smart Cities Read More »
Abidjan, June 10, 2024 – The African Banker Awards 2024, held on May 28, 2024, in Nairobi, Kenya, celebrated innovation, resilience, and excellence in Africa’s banking sector. This year’s event was particularly notable for the Association of African Development Finance Institutions (AADFI) following the outstanding recognition of some of its members at the event. AADFI members were shortlisted for
