Lilian Mwakalebela Mbassy

Ag. Managing Director TIB Development Bank Ltd.

A seasoned banker with 21 years of General Management experience in the Banking Industry. She is the Acting Managing Director for the TIB Development Bank LTD, ultimately responsible for the leadership and management of the bank, all day-to-day Management decisions, and implementing the Bank’s strategic plan. Before this position, she was Director for Planning and Business Development.

Lilian joined TIB Development Bank in 2018 as Director of Managed Funds moving from Opportunity International, Tanzania, where she served in different capacities including that of Chief Executive Officer, Chief Operations Officer, and Head of Internal Audit Function. Before Opportunity International, Tanzania, she worked with NMB Bank PLC, for five years in different capacities within the bank Operations and the Internal Audit function. She holds a master’s degree in business administration in Finance and Banking from Mzumbe University in Tanzania, a bachelor’s in business administration from the University of Botswana, and a Certificate in Business Administration from the Association of Business Executives (ABE) UK.

She is sitting in different Boards including, an Executive Board Member for TIB Development Bank Ltd since 2022, Board Member for Tanzania Mortgage Refinance Company Ltd since 2019, Board Member and Chairperson for the Finance Committee for Tanzania Institute Of Bankers since 2022, Tanzania Mercantile Exchange (TMX) from 2024, Tanzania Development Finance Ltd Company  from 2024 and Board Member for ICEA LION General Insurance Company Ltd from 2024.

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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.