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 50e-anniversary celebrations, marking five decades of advancing development finance across Africa.

With a distinguished tenure as AADFI’s 1st Vice Chairperson from 2019 to 2025, Dr. Ojangole brings a wealth of experience, strategic insight, and a strong commitment to inclusive growth. Her election is not only a recognition of her outstanding leadership but also a historic milestone – she becomes the first woman to hold the Chairperson role since the Association’s inception.

Her leadership heralds a new chapter for AADFI, defined by innovation, sustainability, and transformative impact. Under her stewardship, the Association is poised to deepen its role in shaping Africa’s development finance landscape and fostering resilient, forward-looking financial institutions.

AADFI extends its warmest congratulations to Dr. Patricia Ojangole on this well-deserved achievement and looks forward to a dynamic and visionary era under her leadership.

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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.

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