Babacar Ndiaye Lectures 2022: Africa and the Developing World in a Turbulent Global Financial Architecture

This Edition This publication is the result of the sixth edition of the Babacar Annual Lecture. Held alongside the World Bank and International Monetary Fund Annual Meetings on 14 October 2022 in Washington DC, USA, this edition was themed Africa and the Global World in a Turbulent Global Financial Architecture. The keynote speaker was Honourable Ms. Mia Amor Mottley, the Prime Minister of the Republic of Barbados. The lecture was held at a time of heightened geoplitical tensions, which could have significant implications for global trading and financial systems with far-reaching impact for African and Caribbean countries and, more generally, for developing economies. It provided the opportunity to reflect on the contours of the global financial architecture that could emerge from the turbulent global economic environment to meet the challenges of the 21st century and foster a more inclusive process of globalisation that works better for African and Caribbean countries.

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2026 AADFI Annual General Assembly

The Association of African Development Finance Institutions (AADFI) is pleased to announce that its 2026 Annual General Assembly will take place from May 24 to 29, 2026, in Brazzaville, Republic of Congo, on the sidelines of the African Development Bank (AfDB) Annual Meetings.

The Annual General Assembly will be held on the theme “Augmenting Sovereign Finance in Africa: DFIs Unlocking Growth and Resilience through NAFA,” with a focus on the transformative role of African Development Finance Institutions (DFIs) in strengthening Africa’s financial sovereignty. The discussions will align with the AfDB-led New African Financial Architecture (NAFA), a system-level framework designed to mobilize long-term investment, reduce Africa’s cost of capital, and reinforce resilience through coordinated financial systems and deeper domestic capital markets.

The Annual General Assembly will convene leaders of African DFIs, government officials, regional institutions, and development partners to further explore how African DFIs can catalyze local investment, de-risk strategic projects, and strengthen economic autonomy to build resilience against global shocks and bridge the continent’s infrastructure funding gap.

Further details will be shared in the coming weeks.