By Henry Falaiye The Development Bank of Nigeria has won the 2022 Arab Gulf Programme for Development Prince Talal International Prize for Human Development, for its work on ‘Sustainable Development Goal 8 Decent Work and Economic Growth’. A statement disclosed that the bank emerged winner of the first category having competed with over 100 projects within […]
COP28: Development Bank wins $400,000 award Lire la suite »
Arshad Rab, CEO, of the European Organisation for Sustainable Development, and Chairman, of the International Sustainability Council, is urging African financial institutions to focus more on becoming sustainable and embrace sustainability holistically, stressing that too much focus on reporting is unhealthy. In a chat with CNBC Africa on the side-lines of the Nigeria Sustainability Summit 2023, Rab says comprehensive metrics are being developed to drive sustainability.
EOSD CEO: Corporates need to embrace sustainability holistically Lire la suite »
CONSULTING SERVICES Expressions of Interest The Association of African Development Finance Institutions (AADFI) received financing from Agence Française de Développement (“AFD”) and intends to use part of the funds thereof for payments under the Consultancy service for training the AADFI staff on managing the AADFI Learning Management System (LMS). The Services of the consultant shall consist of Training the
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Africa requires more bankable projects to unlock investment flows from private sector as the continent explores various innovative financing models to tackle the huge gap of accessing climate finance. CNBC Africa spoke to Patricia Ojangole Chief Executive Officer, Uganda Development Bank.
Comprendre le lien entre le financement du développement et le changement climatique Lire la suite »
PETER DANIEL ONIMISI (Ph.D.) Introduction Since independence from colonial domination in the 1960s, Africa’s economic performance has been relatively underwhelming. It is noteworthy that Africa grew more quickly than other developing regions of the world during the first ten years of independence. However, the continent was severely set back in the late 1970s, and this
The Bank of Industry (BOI) is implementing an on-lending financing scheme to be implemented through local development financial institutions and would support customers interested in adopting clean energy solutions. This is a major push to significantly raise the bank’s share of investments in Africa’s renewable energy quest by 2030. Olasupo Olusi, managing director/CEO, BOI, announced
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The African Development Bank (AfDB), notes that Africa needs to spend $250 yearly to meet its climate finance needs not only to comply with a greener world nicety but as a strategy for to grow its economy. Climate spending and economic growth, according to reports, have converged in recent years, with the World Bank arguing
Reinvention of African, Asian DFIs for climate funding call Lire la suite »
Abidjan, November 21, 2023. The Association of African Development Finance Institutions (AADFI) has released the 13th Peer Review and Rating of African DFIs report based on the AADFI Prudential Standards, Guidelines, and Rating System (PSGRS). The exercise covers the assessment of DFIs in the following key aspects: governance, operation, financial management, and development impact. 34
Abidjan, November 16, 2023. To sustain its commitment to addressing the challenges of climate change and achieving the Paris Agreement, the Association of African Development Finance Institutions (AADFI) has set up a Working Group on Climate Change. The Working Group was launched on November 9, 2023, during the Joint International CEO Forum of AADFI and its Asian
L’AIAFD lance son Groupe de travail sur le changement climatique Lire la suite »
