Author name: AdmAADFI

AADFI Welcomes New Members

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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Celebrating Excellence: AADFI Members receive accolades at the 2024 African Banker Awards

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

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AADFI Unveils Its New Digital Learning Management System (LMS)

Abidjan, June 10, 2024 – The Association of African Development Finance Institutions (AADFI) unveiled on May 28, 2024, a new digital Learning Management System (LMS) to advance learning and professional capacity development of professionals in member institutions and broader stakeholders in development finance. This e-learning platform was officially launched by the Chairman of AADFI, Mr. Thabo Thamane, and Mr. Adama Mariko,

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AADFI Celebrates Excellence in Development Finance with Its Awards

In an outstanding luncheon held on May 28, 2024, at the Nairobi Serena Hotel in Nairobi, Kenya, with over 150 delegates representing AADFI members and various stakeholders, the Association of African Development Finance Institutions (AADFI) presented its 2024 Awards to institutions that have excelled. The award presentation was a highlight of the AADFI Annual General Assembly, held from

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Exchange Rate Volatility and its Effect on Inflation in Nigeria (Jan 2024 – April 2024)

PETER DANIEL ONIMISI (Ph.D.) Most sub-Saharan African currencies have depreciated against the US dollar, exacerbating inflationary pressures across the continent as import prices surge. This, together with a growth slowdown, leaves policymakers with difficult choices as they balance keeping inflation in check with a fragile economic recovery[1]. [1] https://www.imf.org/en/Blogs/Articles/2023/05/15/african-currencies-are-under-pressure-amid-higher-for-longer-us-interest-rates

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