Africa in Figures 2023

One of the most recurrent challenges when conducting research in Africa is limited availability and/or access to reliable data. Researchers and policymakers often lament the unavailability and/or the reliability of African data – even when available, data usually spans a short time period, casting doubts on research outcomes and raising ambiguity on policy recommendations derived therefrom. Another challenge often encountered by African researchers including Afreximbank Staff is the apparent inconsistency of key African macroeconomic and trade data derived from databases hosted by multilateral institutions such as the African Development Bank, IMF, World Bank or the United Nations—a situation that raises concerns and challenges, particularly as relating to the choice of one data source over another. As part of measures to address these challenges, and in furtherance of its objective to lead the promotion of African trade and consolidate its status as the Centre of Excellence in African Trade Matters, the Bank in 1998, initiated the development of a statistical compendium titled “Africa in Figures”. Broadly, the compendium covered time series data at country-level for a range of micro and macroeconomic, financial, demographic, and other key socio-economic variables, drawn from various sources.

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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.