The African Development Bank Group (AfDB) and Germany are advancing a shared agenda to transform how development finance is mobilised and delivered across Africa. The partnership focuses on improving access to capital, strengthening financial systems, and supporting large-scale investments that drive economic transformation across the continent.
The collaboration aligns with the New African Financial Architecture for Development (NAFAD), endorsed under the Abidjan Consensus in 2026. The framework aims to improve coordination of financial resources, expand risk-sharing mechanisms, and develop investment-ready projects capable of attracting funding at scale.
Germany’s development cooperation reforms also support this approach by prioritizing targeted financing, stronger private sector participation, economic cooperation, and improved multilateral partnerships. Through institutions including the Federal Ministry for Economic Cooperation and Development, KfW Development Bank, the German development agency GIZ, and DEG, Germany combines development finance, technical assistance, and private investment to support sustainable growth.
Energy access remains a major area of cooperation. Germany is a key partner in Mission 300, an initiative led by the African Development Bank Group and World Bank Group to connect 300 million people in Africa to electricity by 2030. Germany has also provided significant support to the Sustainable Energy Fund for Africa, helping expand renewable energy and clean power projects across the continent.
The partnership also focuses on private sector development and investment reform. Through initiatives such as the Compact with Africa, Germany and the African Development Bank are working to improve investment environments and mobilise additional private capital for development projects.
With more than four decades of cooperation, the relationship between the African Development Bank Group and Germany continues to support stronger financial systems, increased investment flows, and sustainable economic development across Africa. Their shared focus on coordinated financing and innovative solutions aims to accelerate industrialisation and create long-term growth opportunities for African countries.
