At the session of its Board of Directors held on October 21, 2024 in Songdo, South Korea, the Banque Nationale de Développement Agricole (BNDA) was accredited by the Green Climate Fund (GCF). As the second bank in the sub-region to receive this prestigious accreditation, BNDA reaffirms its commitment to sustainable development and the fight against […]
The Association of African Development Finance Institutions (AADFI) has released the 14th 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. Twenty-nine (29) DFIs submitted to the 14th PSGRS annual self-assessment exercise, which
With its continued focus on climate, this year’s report arrives at a pivotal moment in global efforts to combat climate change and achieve the Sustainable Development Goals (SDGs). This edition unveils a complex landscape of opportunities and challenges, emphasizing the role of blended finance in mobilizing private capital for climate initiatives, particularly in Emerging Markets
State of Blended Finance 2024:Climate Edition Lire la suite »
This op-ed was originally published on Capital Ethiopia and Addis Fortune. Ethiopia is an attractive destination for private capital due to its large population, abundant natural resources, and strategic location in East Africa. From 2004-2015, real economic growth in Ethiopia accelerated to 10.2% per annum, thanks in large part to a public investment-led growth model implemented since the
This op-ed was originally published on ImpactAlpha. Innovations are accelerating Africa’s economic transformation. After two decades of continued economic growth, lingering impacts of the COVID-19 pandemic and recent global economic pressures have knocked the continent off track on almost all Sustainable Development Goal targets. Substantial resources – $1.3 trillion a year or 42% of Africa’s $3.1 trillion gross
Opinion: Three Africa-led blended finance models mobilizing billions for development Lire la suite »
Reinforcing the 2030 Agenda and Agenda 2063 and Eradicating Poverty in Times of Multiple Crises: The Effective Delivery of Sustainable, Resilient and Innovative Solutions. The 2024 Africa Sustainable Development Report (ASDR) reviews the status of the implementation of the two Agendas in Africa and offers policy recommendations to facilitate their attainment. As in previous years,
2024 Africa Sustainable Development Report Lire la suite »
The Uganda Development Bank (UDB) Ltd has been granted the Sustainability Certification for adapting the Sustainability Standards Version 2.0. The Certification was conferred on the UDB at the Karlsruhe Sustainable Finance Award on November 22, 2024, held in Karlsruhe, Germany. The UDB successfully completed the Sustainability Standard Version 2.0 to merit the Award. The Uganda
AADFI cooperated with its partner associations, ADFIMI and ADFIAP, and the European Organisation for Sustainable Development for the Global Sustainable Finance Conference 2024, held from November 21 to 22nd, 2024, in Karlsruhe, Germany. Driven by the mission of making business sense of sustainability, this year’s conference focused on how financial institutions can generate profits by
Registration The Retreat for the Executive Management and C-class executives in African DFIs precedes the FiCS from February 24 to 25, 2025, at the Protea Hotel, Fire & Ice (Marriot), Cape Town. This retreat will discuss the practical path to resilient and pro-sustainability DFIs that will have the capacity to scale up capital mobilization for development projects. It
Retreat for Executive Management of African DFIs. February 24-25, 2025 Lire la suite »
The October 2024 edition of Africa’s Pulse reports a fragile economic recovery in Sub-Saharan Africa, with growth projected at 3% in 2024, up from 2.4% in 2023, driven by increased private consumption and investment. Inflation is expected to decline from 7.1% in 2023 to 4.9% in 2024 and 4.6% in 2025–26 due to tighter monetary
Africa’s Pulse: Transformer l’éducation pour une croissance inclusive Lire la suite »
