Abidjan, February 28, 2022 – 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.
By joining the AADFI membership, BAGRI, CDC-CI, and CDC-B will draw on the proven experience of the Association and its national, regional, and international partners to strengthen their contribution in achieving their mandate, the Sustainable Development Goals (SDGs), and the Paris Agreement, including the recovery of their national economies from the covid-19 pandemic. The new members will also benefit from the activities of the Association and leverage its network for their institutional development.
The AADFI is the umbrella organization for development finance institutions in Africa created in 1975 under the auspicious of the AfDB.
For more information on the AADFI and its activities, visit www.adfi-ci.org.
About Banque Agricole du NIGER (BAGRI)
The Banque Agricole du Niger (BAGRI) was created following the bankruptcy of the national agricultural credit fund. And one of the missions that were assigned to it was the agricultural financing. Thus, in the accomplishment of this regalian mission, BAGRI has accompanied, during the year 2020, more than five thousand (5,000) producers (small producers) with more than twenty thousand (20,000) accounts inside the country for producers only. [More]
The Caisse des Dépôts et Consignations du Bénin (CDC Bénin) is invested with a mission of general interest in support of public policies conducted by the State and local authorities, particularly in terms of economic and social development. It is a public financial institution in charge of providing innovative solutions to the problem of financing investments in Benin. [More]
The Caisse des Dépôts et Consignations de Côte d’Ivoire (CDC-CI) is a public financial institution, with legal personality and financial autonomy, benefiting from the guarantee of the State. CDC-CI is an institution serving the general interest and the economic development of Côte d’Ivoire. [More]