President Museveni Argues for a Bolstered UDB During High Level Summit to Chart Path for Africa’s Development Finance Architecture  

Uganda’s President, H.E Yoweri Museveni and First Lady Janet Museveni pose for a photo with Ministers, dignitaries, management and staff of Uganda Development Bank during the opening of the inaugural Uganda Development Finance Summit 

Global critical thinkers, policymakers, financiers, and changemakers convened in Kampala, Uganda on September 1 and September 2 to forge a new path to development finance in Africa. The Uganda Development Finance Summit, the first of its kind in Uganda, promises to reshape the trajectory of Africa’s development narrative. 

Under the theme: “Transforming Africa Through National Development Finance Architecture,” the two-day Summit, was held at a time of profound global economic shifts. Traditional aid is diminishing, access to international capital is becoming more constrained, and the urgency to create self-sustaining, inclusive economic models has never been greater especially for the African continent. 

This convening provides a platform for bold, practical dialogue on how Africa can reimagine its development pathways by strengthening the institutions that mobilize, allocate, and direct long-term capital.  

At the heart of the Summit is a deep recognition that development finance is not just about capital. It is about confidence, coordination, and clarity of purpose. It is about building an ecosystem where finance is a catalyst for productivity, inclusion, resilience and self-reliant growth.

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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.