Association Of African Development Finance Institutions

The Association of African Development Finance Institutions (AADFI) is an international organization created under the auspices of African Development Bank (AfDB) in 1975 with membership of over 80 Development Finance Institutions (DFIs), spread across the five sub-regions of the African continent. The AADFI Headquarters is in Abidjan, Republic of Cote d’Ivoire. The broad objectives of the AADFI includes to promote cooperation for financing of economic and social development in Africa; accelerate the process of economic integration in Africa; establish among DFIs systematic exchange of technical assistance ; encourage the implementation of studies on DFI issues , establish and advise framework for successful operation of DFIs in Africa. As a means of achieving its objectives, AADFI implements projects and activities to nurture cooperation among DFIs, carry-out regular capacity-building for professional skill development in development banking and finance operations, and institutional reforms and strengthening of DFIs in Africa. The Association promotes advocacy and development policy advice to ensure that DFIs are strengthened and operate in line with best practices, and as efficient partner in delivering impact development in the key priority sectors of African economies.