Finance in Common (FiC) Spring Meeting held on 11 May 2021 on the theme: “Africa’s Green and Resilient Recovery: A Common Objective”

The Finance in Common (FiC) Spring Meeting dedicated to the African Public Development Banks (PDBs) was held on Tuesday, May 11, 2021. The meeting was organized under the leadership of the African Development Bank (AfDB), in collaboration with the Association of African Development Finance Institutions (AADFI) and the International Development Finance Club (IDFC) on the theme: “Africa’s Green and Resilient Recovery: A Common Objective”.

The meeting took place via videoconference, following the first FiC Summit held in November 2020, where PDBs committed to working together to support the transformation of the global economy and society towards sustainable and resilient development.

During the three sessions of the event, PDBs leaders and international partners discussed the potential of African financial institutions to promote investments in sustainable development and mobilize new resources to finance the post-Covid-19 recovery in Africa.

Mr. Thabo Thamane, AADFI Chairman and CEO of CEDA, represented the Association in Session 3 of the event: “Challenges faced by African Public Development Banks (PDBs): How to unlock PDBs’ potential to finance sustainable investments in Africa”, and made closing remarks at the end of the meeting.

The BPDs and their partners who participated in the roundtables of the FiC Spring Meeting included AADFI, EDFI, Afreximbank, AFD, DBSA, EC, EBRD, EIB, IDFC, KfW, TDB, et BOAD.

Click here to replay the FiC Spring Meeting.

Click here to download the Joint Declaration signed by the BPDs during the FiC Spring Meeting.

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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.