Concept Note for the Establishment of the AADFI Working Group on Climate Change

  1. Background

The Association of African Development Finance Institutions (AADFI) is an international organization created in 1975 with a membership of over 80 Development Finance Institutions (DFIs), spreading across the five sub-regions of the African continent. The AADFI Headquarters is in Abidjan, Republic of Cote d’Ivoire.

The broad objectives of the Association include promoting cooperation for the financing of economic and social development in Africa; accelerating the process of economic integration in Africa; establishing among DFIs a systematic exchange of technical assistance; encouraging the implementation of studies on DFI issues and establishing a framework for successful operation of DFIs in Africa.

To achieve its objectives, AADFI implements projects and activities to nurture cooperation among DFIs, carry out regular capacity-building for professional skill development in development banking and finance operations, and institutional reforms to strengthen DFIs in Africa. The Association promotes advocacy and development policy advice to ensure that DFIs are strengthened and operate in line with best practices and is an efficient partner in delivering impact development in the key priority sectors of African economies.

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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.