AADFI News

AADFI – embedding sustainability principle in member DFIs.

Promoting holistic sustainability among member DFIs is one strategic objective of the Association of African Development Finance Institutions( AADFI). The Association has been championing this agenda through thought programs and activities it has initiated. From January 23 to 24, 2024, the Association conducted an Executive Study visit to the Uganda Development Bank (UDB) Ltd to […]

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AADFI Releases the Results of the 13th Peer Review and Rating of African DFIs.

Abidjan, November 21, 2023. The Association of African Development Finance Institutions (AADFI) has released the 13th 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. 34

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AADFI Launches Its Working Group on Climate Change

Abidjan, November 16, 2023. To sustain its commitment to addressing the challenges of climate change and achieving the Paris Agreement, the Association of African Development Finance Institutions (AADFI) has set up a Working Group on Climate Change. The Working Group was launched on November 9, 2023, during the Joint International CEO Forum of AADFI and its Asian

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AADFI 1st Vice Chairperson receives Sustainability Finance Award

The Uganda Development Bank Limited has positioned itself as one of the key drivers of sustainable development and on behalf of its government, it is responsible for financing sustainable industrialization of the country.It is at the forefront of implementing the rigorous sustainability standards that is based on the principle of making profits while working within

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Summary Report of the 2023 AADFI Annual Workshop

1. The 2023 Annual General Assembly of the Association of African Development Finance Institutions (AADFI) was held on the theme “The Role of African DFIs in Achieving Just Energy Transition” from May 21 to 22, 2022, at the Sharm El Sheikh International Congress Centre (SSHCC), in Sharm El Sheikh, Egypt. The workshop was organized with the African Development Bank (AfDB) and supported by the African Export-Import Bank (Afreximbank).

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AADFI promotes Sustainability-Centric DFIs by embracing the SSCI

Abidjan, March 22, 2023 – As part of the AADFI’s objectives for promoting sustainability-centric development finance institutions, the Association has continued to encourage its member institutions to embrace the Sustainability Standards & Certification Initiatives (SSCI). A number of the African national DFIs have been certified, including the Uganda Development Bank Ltd UDBL) – the lead institution of the l-Lead of the Certified DFIs sharing its experience among member institutions.

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AADFI releases the Results of the 12th Peer Review of African DFIs

The Association of African Development Finance Institutions (AADFI) has released the report of the 12th Peer Review and Rating of African DFIs based on AADFI Prudential Standards, Guidelines, and Rating System (PSGRS). The AADFI PSGRS is an assessment tool for African DFIs, focusing on governance, operation, financial management, and development Impact. It aims to help the

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Call for submission – 2022 African DFIs assessment with the PSGRS

2022 African DFIs assessment with the Prudential Standards, Guidelines and Rating System (PSGRS) Deadline for Submission: August 31st 2022 The AADFI has called for the submission of the 2022 PSGRS assessment of African DFIs, for independent evaluation and rating. The PSGRS mechanism assesses DFIs in the areas of Governance, Finance, and Operations, in addition to

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