• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

fundsforNGOs News

Grants and Resources for Sustainability

  • Subscribe for Free
  • Premium Support
  • Premium Login
  • Premium Sign up
  • Home
  • Funds for NGOs
    • Agriculture, Food and Nutrition
    • Animals and Wildlife
    • Arts and Culture
    • Children
    • Civil Society
    • Community Development
    • COVID
    • Democracy and Good Governance
    • Disability
    • Economic Development
    • Education
    • Employment and Labour
    • Environmental Conservation and Climate Change
    • Family Support
    • Healthcare
    • HIV and AIDS
    • Housing and Shelter
    • Humanitarian Relief
    • Human Rights
    • Human Service
    • Information Technology
    • LGBTQ
    • Livelihood Development
    • Media and Development
    • Narcotics, Drugs and Crime
    • Old Age Care
    • Peace and Conflict Resolution
    • Poverty Alleviation
    • Refugees, Migration and Asylum Seekers
    • Science and Technology
    • Sports and Development
    • Sustainable Development
    • Water, Sanitation and Hygiene (WASH)
    • Women and Gender
  • Funds for Companies
    • Accounts and Finance
    • Agriculture, Food and Nutrition
    • Artificial Intelligence
    • Education
    • Energy
    • Environment and Climate Change
    • Healthcare
    • Innovation
    • Manufacturing
    • Media
    • Research Activities
    • Startups and Early-Stage
    • Sustainable Development
    • Technology
    • Travel and Tourism
    • Women
    • Youth
  • Funds for Individuals
    • All Individuals
    • Artists
    • Disabled Persons
    • LGBTQ Persons
    • PhD Holders
    • Researchers
    • Scientists
    • Students
    • Women
    • Writers
    • Youths
  • Funds in Your Country
    • Funds in Australia
    • Funds in Bangladesh
    • Funds in Belgium
    • Funds in Canada
    • Funds in Switzerland
    • Funds in Cameroon
    • Funds in Germany
    • Funds in the United Kingdom
    • Funds in Ghana
    • Funds in India
    • Funds in Kenya
    • Funds in Lebanon
    • Funds in Malawi
    • Funds in Nigeria
    • Funds in the Netherlands
    • Funds in Tanzania
    • Funds in Uganda
    • Funds in the United States
    • Funds within the United States
      • Funds for US Nonprofits
      • Funds for US Individuals
      • Funds for US Businesses
      • Funds for US Institutions
    • Funds in South Africa
    • Funds in Zambia
    • Funds in Zimbabwe
  • Proposal Writing
    • How to write a Proposal
    • Sample Proposals
      • Agriculture
      • Business & Entrepreneurship
      • Children
      • Climate Change & Diversity
      • Community Development
      • Democracy and Good Governance
      • Disability
      • Disaster & Humanitarian Relief
      • Environment
      • Education
      • Healthcare
      • Housing & Shelter
      • Human Rights
      • Information Technology
      • Livelihood Development
      • Narcotics, Drugs & Crime
      • Nutrition & Food Security
      • Poverty Alleviation
      • Sustainable Develoment
      • Refugee & Asylum Seekers
      • Rural Development
      • Water, Sanitation and Hygiene (WASH)
      • Women and Gender
  • News
    • Q&A
  • Premium
    • Premium Log-in
    • Premium Webinars
    • Premium Support
  • Contact
    • Submit Your Grant
    • About us
    • FAQ
    • NGOs.AI
You are here: Home / cat / AfDB and PIDG Partner to Unlock Local Capital for Africa’s Growth

AfDB and PIDG Partner to Unlock Local Capital for Africa’s Growth

Dated: June 13, 2025

Introduction

In an exciting development for the African continent, the African Development Bank (AfDB) has joined forces with the Private Infrastructure Development Group (PIDG) to stimulate growth by unlocking long-term local currency capital. This collaboration aims to harness financial resources for essential sectors including energy, infrastructure, industrialization, housing, and beyond.

Objectives of the Partnership

The primary goal of this partnership is to create innovative solutions that enhance creditworthiness and reduce risks associated with local investments. By developing de-risking and credit enhancement mechanisms, both organizations seek to attract and secure local and international investments, which are crucial for driving economic growth and development across Africa.

Importance of Local Currency Capital

Local currency financing is vital for projects in Africa as it mitigates the risks associated with foreign exchange fluctuations. By relying on local currency, projects can achieve greater financial stability and sustainability. This is particularly important in sectors that require significant long-term investment, such as energy and infrastructure.

Sectors Impacted

Through this partnership, there is potential for significant advancements in various sectors. Energy projects can benefit from increased funding, leading to improved access to reliable power. Infrastructure development can address critical gaps and boost connectivity across the continent. Additionally, industrialization efforts will be strengthened, paving the way for economic diversification and innovation. Housing projects will also see much-needed capital flow, fostering better living conditions for communities.

Conclusion

The collaboration between the AfDB and PIDG marks a promising step towards a more prosperous future for Africa. By unlocking local currency capital and developing essential financial solutions, this partnership will not only facilitate critical investments but also catalyze sustainable economic growth that can benefit millions across the continent. This initiative underscores the importance of collaborative efforts in addressing Africa's challenges and unlocking its immense potential.

Related Posts

  • Empowering Local Governance: EU Funding’s Critical Role in Ukraine
  • Empowering Families with WFP’s Nutrition Programs
  • Japanese and Nigerian officials shaking hands.
    Japan Opens Applications for Grassroots Human Security Project Grants in Nigeria
  • Japanese and Nigerian officials shaking hands.
    Japan Opens Applications for Grassroots Human Security Project Grants in Nigeria
  • Japanese and Nigerian officials shaking hands.
    Japan's Grassroots Grant Initiative: Empowering Nigerian Communities
author avatar
fundsforngos
See Full Bio

Primary Sidebar

Latest News

Southeast Liberia Enhances Decentralization Through New County Planning Units

Vietnam’s Reform Journey: Why It’s Time for Bold Action

How Digital Government Can Boost Productivity in New Zealand

Clean Energy Solutions and Oxygen Technology Transform Nigerian Healthcare

€22 Million Investment Facility Supports Sierra Leone’s Green Mini-Grid Expansion

European Parliament Calls for Halt to UNRWA Aid Over Alleged Terror Links

WHO Health Response in Afghanistan Expands with Increased EU Humanitarian Funding

Three Czechia Initiatives Receive EU Support to Upgrade Public Services

UN Human Rights Funding at Risk Amid China and Russia Sabotage Claims

Inclusive Digital Economy Gets Boost with Switzerland’s Latest Funding

GSK, ViiV Healthcare Renew Commitment to Global Fund with £6 Million for Local Health Solutions

Rwanda Secures $17.5 Million to Establish AI Scaling Hub, Leading Africa’s AI Innovation

African Fintech Leader Moniepoint Raises $90 Million in Series C, Accelerating Growth

UK Urged to Maintain £1 Billion Global Fund Pledge by NHS and Health Experts

Risk-Knowledge Workshop in Djibouti Advances Early Warning Systems under EW4All

Venezuela Crisis: UN Officials Denounce US Coercive Actions

Addressing Urban Displacement: UN Expert Calls for Rights-Based Approaches

Driving a Resilient Water Future Through Multi-Sector Partnerships

£4.6 Million Funding Announced for Arts and Culture Initiatives Across the UK

Major Funding Secured for 10 Innovative African Climate Projects

Health Experts Warn: Polio Can Still Be Ended Despite 30% Funding Drop

Over €46 Million from EIB to Enhance Energy, Transport, and Municipal Services in Ukraine

Empowering Fact-Checkers: “Digital Detectives” Kicks Off Uzbekistan Training Program

Strengthening Indigenous Economies: Ontario Invests Over $3 Million

Green Transition Fund Expands with UK and ASEAN Clean Energy Initiative

Over One Million People Return to Khartoum as Sudan’s Recovery Remains Fragile

Global Forests See Positive Signs as Deforestation Slows Over Ten Years

DR Congo Faces Surge in Sexual Violence Against Women, UN Reports

Congo Reports Declining Cholera Cases Amid Ongoing Response

Advancing Public Health in Africa: WHO and Africa CDC Deepen Collaboration

World Food Day 2025 in Ghana: Promoting Sustainable Food and Nutrition

IOM Signs MoU with CCCPA to Advance Regional Peace, Security, and Migration Management

Promoting Decent Work: ILO Calls for Socially Just Multilateral Cooperation

Driving Digital Inclusion: Pacific Islands Unite for Connectivity for All

APGF Initiative: Bridging Investment Gaps for ASEAN’s Regional Power Grid

APGF Initiative: Boosting Investment in the ASEAN Power Grid

Shaping the Next Generation: Health and Skills for Young People

Post-Conflict Syria: Reconstruction Costs Soar to $216 Billion

Congo Basin Forests Worth Trillions: Report Calls for Increased Global Investment

African Development Bank Partners with Angola in $125 Million Youth Entrepreneurship Programme

Funds for NGOs
Funds for Companies
Funds for Media
Funds for Individuals
Sample Proposals

Contact us
Submit a Grant
Advertise, Guest Posting & Backlinks
Fight Fraud against NGOs
About us

Terms of Use
Third-Party Links & Ads
Disclaimers
Copyright Policy
General
Privacy Policy

Premium Sign in
Premium Sign up
Premium Customer Support
Premium Terms of Service

©FUNDSFORNGOS LLC.   fundsforngos.org, fundsforngos.ai, and fundsforngospremium.com domains and their subdomains are the property of FUNDSFORNGOS, LLC 140 Broadway 46th Floor, New York, NY 10005, United States.   Unless otherwise specified, this website is not affiliated with the abovementioned organizations. The material provided here is solely for informational purposes and without any warranty. Visitors are advised to use it at their discretion. Read the full disclaimer here. Privacy Policy. Cookie Policy.