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PRESS RELEASE - AADFI holds its 43rd Annual General Assembly in AHMEDABAD, Republic of INDIA

PRESS RELEASE -  AADFI holds its 43rd Annual General Assembly  in AHMEDABAD, Republic of INDIA

The Association of African Development Finance Institutions (AADFI) will hold its Annual General Assembly Meetings at Mahatma Mandir Conference Centre in Ahmedabad, Republic of India on May 21, 22 & 23, 2017.

The General Programme of the Meetings is as follows:

1) May 21, 2017: Executive Committee Meeting (Closed session).
2) May 22, 2017: Joint AADFI-AfDB Annual Workshop on the theme “Financing Africa’s Industrialisation: the role of DFIs”.
3) May 23, 2017: Ordinary General Assembly.

The Executive Committee is the Bureau and working arm of the Association. It comprises of 15 elected representatives from member-institutions in the 5 sub-regions of Africa and representative of Honorary Member-Institutions. The meeting of the Executive Committee is restricted to only the members of the committee.

The Annual Workshop is jointly organised with the African Development Bank (AfDB) on the theme “Financing Africa’s Industrialization: the role of DFIs”. The Keynote address at the Workshop will be delivered by Mr. P. Guislain, Vice President, Private Sector, and Infrastructure & Industrialization of the African Development Bank (AfDB), on the topic:
“Africa’s Quest for Sustainable Development: Responding through Industrialization”.
Other distinguished personalities at the Opening Ceremony of the Workshop are:

     • Mr. David Rasquinha, Managing Director, Export-Import Bank of India
     • Mr. Patrick Dlamini, Chairman of AADFI & Chief Executive Officer, Development Bank of Southern Africa
The Honourable Minister of Commerce & Industry of India is expected to declare the workshop open.

The Ordinary General Assembly which will hold on Tuesday 23 May 2017 provides opportunity to member-institutions to review the activities of their Association and to reflect on topical development issues of common interest affecting their institutions and the development finance sector.

The Opening Ceremony of the General Assembly will take place on 23 May starting at 02.00 p.m. under the Chairmanship of the Honourable Minister of Finance of India, with the President of the African Development Bank (ADB) as Invited Guest of Honour.

Participants in the General Assembly are Chief Executives of National, Sub-regional and Private Development Finance Institutions in and outside Africa. Also participating in the events are representatives of national and international institutions, organisations and agencies operating in and outside Africa.

The Association of African Development Finance Institutions (AADFI) is a pan Africa international organisation for Development Finance Institutions (DFIs) created under the auspices of the African Development Bank in 1975. Its mission is to promote co-operation among development finance institutions operating in Africa and in other continents. It has over 82 member-institutions comprising national and multinational institutions engaged in finance and development activities in Africa. The AADFI has its Headquarters in Abidjan, Republic of Côte d’Ivoire. It is a member of the World Federation of Development Finance Institutions (WFDFI), and has Observer status at the World Bank.

Any Banking or Finance institution may accede to membership of the Association. Members are classified into Ordinary Member: comprising African national institution; Special Member: comprising African regional or sub-regional institution; Honorary Member: non-African international institution.

The current Chairman of the Association is Mr. Patrick K. Dlamini Managing Director/ Chief Executive Officer of Development Bank of Southern Africa (DBSA).
National and International media organisations and agencies are invited to cover the events of the 43rd Ordinary General Assembly of the AADFI.

For further information, please contact:
Mr Cyril A. OKOYE, Training and Research Manager, AADFI.
Tel (225) 22527940, Fax. (225) 22522584 / 22527941 E-mail:

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