Author name: AdmAADFI

An Event for Change: Gaps and Solutions to Advance Women’s Economic Empowerment

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EXECUTIVE SUMMARY At the current pace, we will need almost 300 years to achieve full gender equality (UN Women, 2022). To address this reality, in June 2024 the Investment Climate Reform (ICR) Facility hosted a conference in Kigali, Rwanda, welcoming around 140 participants. Stakeholders from 36 African, Caribbean and Pacific (ACP) countries were represented. The […]

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UDB Assets Grow to Shs1.6 Trillion as Bank Focuses on Sustainability and Innovation

Members News /

Uganda Development Bank Ltd (UDB), the country’s national Development Finance Institution and the Best Bank in East Africa 2024, has today announced its 2023 annual performance, highlighting its continued pivotal role in fostering economic resilience and sustainable growth across key sectors of the economy. UDB’s net loans expanded to UGX1.47 trillion in 2023, reflecting robust

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Socio-economic Review for 2023 and Forecast for 2024

Members News /

(Extract from the 2023 Annual Report of AADFI) The year 2023 was marked by several noteworthy events, including the ongoing Russia–Ukraine war, the conflict between Israel and Hamas militants, intensified trade disputes between China and the United States, geo-political tensions, the increased impact of climate change that prompted diplomatic agreements1, and numerous climate adaptation and mitigation measures.

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DBN secures $250 million green climate fund accreditation

Members News /

The Development Bank of Nigeria Plc (DBN) has secured accreditation status for the $250 million Green Climate Fund (GCF). By the accreditation, the DBN becomes the first Direct Access Entity (DAE) and the only authorised Nigerian channel for accessing green financing from the GCF. Speaking on this landmark in Abuja yesterday, the Managing Director of

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CEDA administers the Chema-Chema fund: a catalyst for economic growth in Botswana’s informal sector

Members News /

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

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AADFI Counts Down to Golden Jubilee’s Celebration

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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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AADFI Establishes a Working Group on Climate Change

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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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African DFIs Performance Survey

Knowledge Products, Report /

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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