AADFI News

AADFI Announces Newly Elected Board of Directors

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The Association of African Development Finance Institutions (AADFI) is pleased to announce the new composition of its Board of Directors following elections held during its 51st Ordinary General Assembly Meeting on May 26, 2025, in Abidjan, Côte d’Ivoire. The election of Dr. Patricia Ojangole, Managing Director of the Uganda Development Bank (UDB) Ltd., as the new Chairperson follows the end of the […]

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AADFI Members Recognized for Excellence at 2025 African Banker Awards

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Abidjan, Côte d’Ivoire, June 2, 2025 – The Association of African Development Finance Institutions (AADFI) proudly celebrated an exceptional achievement as its distinguished members were honored at the 2025 African Banker Awards, held on May 28, 2025, on the sidelines of the African Development Bank (AfDB) Annual Meetings. This year’s awards not only spotlight the excellence of individual institutions but also reaffirm

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AADFI Elects New Chairperson: Dr. Patricia Ojangole, Managing Director of Uganda Development Bank (UDB) Ltd.

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The Association of African Development Finance Institutions (AADFI) is delighted to announce the election of Dr. Patricia Ojangole, Managing Director of Uganda Development Bank Ltd. (UDB), as the new Chairperson of AADFI. Dr. Ojangole was elected during the 51st Ordinary General Assembly held on May 26, 2025, at the Sofitel Hotel Ivoire in Abidjan, Côte d’Ivoire. Her election coincided with AADFI’s 50th-anniversary

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14th Peer Review and Rating of African DFIs – recording strong improvement in governance, operation, financial management, and development impact

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The Association of African Development Finance Institutions (AADFI) has released the 14th Peer Review and Rating of African DFIs report based on the AADFI Prudential Standards, Guidelines, and Rating System (PSGRS). The exercise covers the assessment of DFIs in the following key aspects: governance, operation, financial management, and development impact. Twenty-nine (29) DFIs submitted to the 14th PSGRS annual self-assessment exercise, which

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Global Sustainable Finance Conference (GSFC) 2024 – advancing holistic sustainability

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AADFI cooperated with its partner associations, ADFIMI and ADFIAP, and the European Organisation for Sustainable Development for the Global Sustainable Finance Conference 2024, held from November 21 to 22nd, 2024, in Karlsruhe, Germany. Driven by the mission of making business sense of sustainability, this year’s conference focused on how financial institutions can generate profits by

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Retreat for Executive Management of African DFIs. February 24-25, 2025

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Registration The Retreat for the Executive Management and C-class executives in African DFIs precedes the FiCS from February 24 to 25, 2025, at the Protea Hotel, Fire & Ice (Marriot), Cape Town. This retreat will discuss the practical path to resilient and pro-sustainability DFIs that will have the capacity to scale up capital mobilization for development projects. It

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Call for Papers: 3rd Annual Research for Colloquium

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Sustainable Infrastructure Development for Climate Resilience and Economic Recovery The DBSA proudly announces a call for papers for its 3rd Annual Research Colloquium. The dialogue will enable the Bank to coordinate latest thinking in development finance and infrastructure development as well as the envisaged development impact. The global emphasis on achieving net-zero emissions and the

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AADFI Welcomes New Members

AADFI News /

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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