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AADFI PSGRS Workshop Strengthens DFIs’ Capacity Ahead of 2026 Peer Review

The Association of African Development Finance Institutions (AADFI) successfully concluded its “Consultative Workshop on the Implementation of AADFI Prudential Standards, Guidelines, and Rating System (PSGRS) for African Development Banking & Finance Institutions”, which was held from September 3 to 5, 2025. The program attracted over 200 participants from DFIs in Africa, regulatory authorities, central banks, and industry experts. The workshop deepened […]

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Mr. Thabo Thamane completes his term as AADFI Chairman

Mr. Thabo Thamane, CEO of the Citizen Entrepreneurial Development Agency (CEDA), Botswana, has completed his tenure as Chairman of the Association of African Development Finance Institutions (AADFI) at the 51st Ordinary General Assembly, held in Abidjan, Côte d’Ivoire. Mr. Thamane was elected Chairman of AADFI in June 2019 during the 45th Ordinary General Assembly in

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Actualités SGPME

PRESENTATION Créée par l’État de Côte d’Ivoire par décret n°2022-261 du 13 avril 2022, La société de garantie des crédits aux PME (SGPME) est une société anonyme avec conseil d’administration au capital social de 10 milliards, détenu à 100% par l’Etat de côte d’ivoire. C’est un Etablissement financier de cautionnement à caractère bancaire agrée par

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AADFI Welcomes Three New Institutions into its Fold

Three development finance institutions joined the Association’s membership in Q2 2025, reinforcing AADFI’s role as a unifying platform for development finance across Africa. The growth in AADFI’s membership reflects an ongoing commitment to building a vibrant, inclusive, and forward-looking African DFI network. The Secretariat invites institutions aligned with the AADFI’s aspirations to explore the benefits

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Bank of Industry (BOI) – 2025: A Year of Strategic Growth, Recognition, and Sustainable Impact

In 2025, the Bank of Industry (BOI) has emerged as a leading force in African development finance, demonstrating excellence across multiple fronts — from innovative capital raising to strategic partnerships and sustainable financial leadership. The following report synthesizes BOI’s key achievements and initiatives so far this year. 1. BOI Honored with Syndicated Loan Deal of

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A Milestone for South African DFIs: The Inaugural SADFIF Forum

On 23 June 2025, the Development Bank of Southern Africa proudly hosted the inaugural South African Development Finance Institutions Forum (SADFIF). This was a groundbreaking initiative to unite development finance institutions (DFIs) across the country for greater impact. The event brought together 23 DFIs representing national, provincial and district level interest, allowing for the establishment of

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Uganda Development Corporation Scales Up Strategic Investments to Drive Industrial Growth and Economic Transformation

In a remarkable demonstration of development finance in action, the Uganda Development Corporation (UDC) has significantly expanded its investment footprint, positioning itself as a catalyst for Uganda’s industrialization and sustainable economic development. Since its re-establishment in 2016, UDC – Uganda’s state-owned development finance institution – has deployed capital strategically into high-impact sectors such as agro-manufacturing,

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AADFI Engages in Final Reflections on the ICR Facility

The AADFI was represented by its Secretary-General, Mr. Cyril Okoye, at the Investment Climate Reform (ICR) Facility Closing Event held on June 18, 2025, at The Square in Brussels, Belgium. The event, themed “From Coordination to Collaboration: 5 Years of the ICR Facility,” brought together stakeholders to reflect on the initiative’s achievements and explore the transition to its

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Le FPI et le FOGEC conjuguent leurs efforts pour financer les jeunes entrepreneurs congolais

Dans le cadre de la promotion de l’entrepreneuriat des jeunes en République Démocratique du Congo, le Fonds de Promotion de l’Industrie (FPI) et le Fonds de Garantie pour l’Entrepreneuriat au Congo (FOGEC) ont signé un protocole d’accord historique le 09 mai 2025 visant à lever l’un des principaux obstacles à l’accès au financement : la

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AADFI Shares Insights on its PSGRS at SADC CEO’s Forum

The AADFI took part in the SADC CEO’s Forum 2025, held from June 26 to 27, 2025, in Gaborone, Botswana, under the theme “Bold Steps, Shared Future: Building the DFRC of Tomorrow.” Secretary-General Cyril Okoye represented AADFI in a panel discussion focused on the AADFI’s flagship assessment instrument, developed specifically for African DFIs: the Prudential Standards, Guidelines, and

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Driving Green Finance Forward: The AADFI WGCC Special Session on Green Banking

The AADFI Working Group on Climate Change (WGCC) held a Special Interest Session on Green Banking on May 28, 2025, at the AADFI Headquarters in Abidjan. The session brought together member institutions to reflect on the outcomes of the 50th Anniversary Workshop and explore practical steps to advance green banking and climate finance in member DFIs. The session emphasized the

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Strengthening Economic Thought Leadership: Highlights from the AADFI Economist Forum Governance Meeting

The AADFI Economist Forum (AADFI-EF) convened its Governance Meeting on May 27, 2025, at the Ivotel Hotel & Spa in Abidjan, Côte d’Ivoire. The gathering brought together economists and representatives from member institutions to reinforce the Forum’s governance structure and define its research priorities, which are aligned with the broader strategic objectives of AADFI. A key outcome of

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BNI: Over 65 Years of Service to Côte d’Ivoire’s Development

Founded in 1959 under the name Caisse Autonome d’Amortissement (CAA), the Banque Nationale d’Investissement (BNI) has always had the noble mission of playing a significant role in the development of Côte d’Ivoire. The name change occurred in 2004 to better align with the new strategic positioning in terms of missions and activities. Besides its credit activities, primarily

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Banque Nationale de Développement Agricole, Mali’s first Green Climate Fund accredited entity

At the session of its Board of Directors held on October 21, 2024 in Songdo, South Korea, the Banque Nationale de Développement Agricole (BNDA) was accredited by the Green Climate Fund (GCF). As the second bank in the sub-region to receive this prestigious accreditation, BNDA reaffirms its commitment to sustainable development and the fight against

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

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

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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AADFI Economist Forum: Insights from the Inaugural Meeting

The inaugural meeting of the AADFI Economist Forum, a new Community of Practice of the Association, was held on September 25, 2024, with excitement and forward-thinking proposals. The AADFI Economist Forum brings together chief economists and senior colleagues responsible for related functions in institutions without a chief economist designation. The forum promotes continental engagement in economic and

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AADFI Counts Down to Golden Jubilee’s Celebration

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

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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Courtesy Visit of Mr. Muhammad Zubair, CEO of AlHuda Centre of Islamic Banking and Economics, to AADFI Headquarters

Abidjan, June 12, 2024 – Mr. Muhammad Zubair, CEO of AlHuda Centre of Islamic Banking and Economics, based inthe United Arab Emirates, was received at the AADFI Headquarters in Abidjan, Côte d’Ivoire by Mr. Cyril Okoye, Secretary-General of AADFI, on June 12, 2024. The visit provided opportunities for AADFI and the AlHuda Center of Islamic Banking to discuss collaboration and partnership

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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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L’AIAFD publie les résultats de la 12e Révision par les pairs des IFD africaines

[kc_row use_container=”yes” force=”no” column_align=”middle” video_mute=”no” _id=”445742″][kc_column width=”12/12″ video_mute=”no” _id=”940604″][kc_column_text] L’Association des institutions africaines de financement du développement (AIAFD) a publié le rapport de la 12e Révision par les pairs des IFD, y compris la notation des IFD africaines, conformément au mécanisme NDPSE (normes, dispositifs prudentiels, et système d’évaluation) de l’AIAFD. Le mécanisme NDPSE est un outil d’évaluation conçu pour

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Kick-Start Session for Kenya Development Corporation (KDC) Sustainability Certification

The Association of African Development Finance Institutions (AADFI), in partnership with the European Organization for Sustainable Development (EOSD), has sustained effort in ensuring that AADFI member National DFIs and other value-driven financial institutions comply with the sustainability standards and become Sustainability-Certified Financial Institutions. The Kenya Development Corporation (KDC), a member of AADFI, is the latest African DFI onboarded into the Sustainability Certification process in an SSCI kick-start virtual session held today, 11th April 2022.

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AADFI expands its development finance work in Africa with three new members

The Association of African Development Finance Institutions (AADFI) has expanded its footprint in promoting development finance and sustainable development in Africa with the accession of three national development finance institutions (DFIs) into its membership: Banque Agricole du NIGER (BAGRI), Caisse des Dépôts et Consignation de Côte d’Ivoire (CDC-CI), and Caisse des Dépôts et Consignation du Bénin (CDC-B). The accession was sequel to the AADFI Board’s approval at its 102nd Meeting held on February 28, 2022.

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Sustainability is Transforming Nigerian Financial Institutions

Abidjan, 13 December 2021 – Three Nigerian financial institutions, namely Access Bank PLC, Development Bank of Nigeria (DBN), and Bank of Industry (BOI) are at varying stages of transformation by implementing the Sustainability Standards and Certification Initiative (SSCI) of the European Organisation for Sustainable Development (EOSD). On 3 December 2021, Access Bank was honoured with

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