{"id":8643,"date":"2026-01-15T09:16:05","date_gmt":"2026-01-15T09:16:05","guid":{"rendered":"https:\/\/onkodradio.staging.ileysinc.com\/en\/?p=8643"},"modified":"2026-05-07T09:37:32","modified_gmt":"2026-05-07T09:37:32","slug":"arab-coordination-group-and-african-development-bank-group-launch-a-structured-strategic-partnership-to-scale-co-financing-and-investment-in-africa","status":"publish","type":"post","link":"https:\/\/onkodradio.staging.ileysinc.com\/en\/arab-coordination-group-and-african-development-bank-group-launch-a-structured-strategic-partnership-to-scale-co-financing-and-investment-in-africa\/","title":{"rendered":"Arab Coordination Group and African Development Bank Group Launch a Structured Strategic Partnership to Scale Co-Financing and Investment in Africa"},"content":{"rendered":"<p>ABIDJAN, Ivory Coast, January 14, 2026\/ &#8212;<\/p>\n<ul>\n<li><em>High-Level Consultation Meeting brings together Heads of the Arab Coordination Group and the African Development Bank Group in Abidjan.<\/em><\/li>\n<li><em>Joint declaration adopted to strengthen<\/em><em>\u00a0partnership for Africa\u2019s economic transformation.<\/em><\/li>\n<\/ul>\n<p>The Arab Coordination Group (ACG) and the African Development Bank Group <a href=\"http:\/\/www.AfDB.org\">(AfDB)<\/a>\u00a0 launched a new phase of their partnership aimed at scaling co-financing, mobilising private capital, and accelerating Africa\u2019s economic transformation.<\/p>\n<p>The High-Level Consultation Meeting convened at the AfDB\u2019s headquarters in Abidjan, established a common platform to move from fragmented cooperation toward programmatic, large-scale co-investment aligned with the continent\u2019s economic development priorities.<\/p>\n<p>The consultation takes place at a time when Africa faces a widening development financing gap and an urgent need to mobilise capital at scale for energy access, climate resilience, food security, regional integration, and private-sector-led growth.<\/p>\n<p>It also reflects the collective ambition of ACG members to expand their engagement with Africa, deployed in a more coordinated and catalytic manner.<\/p>\n<p><strong>From Cooperation to Co-Investment at Scale<\/strong><\/p>\n<p>Discussions focused on how the ACG and the AfDB can jointly anchor Arab-African co-financing\u2014bringing together their respective balance sheets, long-term and counter-cyclical financing capacities, sectoral expertise, and country platforms\u2014to mobilise larger, more coordinated public and private investment in support of Africa\u2019s development investment priorities. Participants explored concrete pathways to enhance joint project preparation, harmonise financing approaches, strengthen policy dialogue, leverage comparative advantages, and supporting country-led development agendas, while ensuring that investments delivered measurable impact and long-term resilience.<\/p>\n<p>The consultation is also framed within the AfDB\u2019s agenda to strengthen Africa\u2019s financial sovereignty through a New African Financial Architecture (NAFA), aimed at better integrating development finance institutions, guarantee providers, insurers, capital markets, and private investors.<\/p>\n<p><strong>Joint Declaration Sets the Framework for Follow-Up<\/strong><\/p>\n<p>The High-Level Consultation Meeting culminated in the adoption of a Joint Declaration on a Strategic Partnership between the ACG and the <a href=\"https:\/\/apo-opa.co\/3YEqzi0\">AfDB<\/a> . The Declaration articulates a shared political vision, and translates it into operational direction, with clear priority areas for cooperation. It also establishes principles for institutional follow-up mechanisms to guide the next phase of Arab &#8211; African partnership.<\/p>\n<p>As a practical next step, the Declaration provides for the development of a Financing and Operational Partnership Framework, to be considered in 2026, which will define modalities for co-financing, pipeline coordination, mutual reliance, and regular joint programming. It also recognises the central role of the African Development Fund (ADF)\u2014the AfDB Group\u2019s concessional financing arm\u2014in supporting low-income and fragile countries. The Declaration also calls for exploring closer collaboration between ACG institutions and ADF.<\/p>\n<div dir=\"ltr\"><em>Distributed by APO Group on behalf of African Development Bank Group (AfDB).<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ABIDJAN, Ivory Coast, January 14, 2026\/ &mdash; High-Level Consultation Meeting brings together Heads of the Arab Coordination Group and the African Development Bank Group in Abidjan. Joint declaration adopted to strengthen&nbsp;partnership for Africa&rsquo;s economic transformation. The Arab Coordination Group (ACG) and the African Development Bank Group (AfDB)&nbsp; launched a new phase of their partnership aimed [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8645,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[46,47,48,49,33,1,51,3,50,52,53],"tags":[],"class_list":["post-8643","post","type-post","status-publish","format-standard","has-post-thumbnail","category-climate-crisis","category-conflict-peace","category-crime-justice","category-diaspora","category-environment","category-local-news","category-press-release","category-programs","category-the-denied-voices","category-womens-voice","category-youth-corner"],"jetpack_featured_media_url":"https:\/\/onkodradio.staging.ileysinc.com\/en\/wp-content\/uploads\/2026\/01\/Screenshot-2026-01-15-111426.png","_links":{"self":[{"href":"https:\/\/onkodradio.staging.ileysinc.com\/en\/wp-json\/wp\/v2\/posts\/8643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onkodradio.staging.ileysinc.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/onkodradio.staging.ileysinc.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/onkodradio.staging.ileysinc.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/onkodradio.staging.ileysinc.com\/en\/wp-json\/wp\/v2\/comments?post=8643"}],"version-history":[{"count":0,"href":"https:\/\/onkodradio.staging.ileysinc.com\/en\/wp-json\/wp\/v2\/posts\/8643\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/onkodradio.staging.ileysinc.com\/en\/wp-json\/wp\/v2\/media\/8645"}],"wp:attachment":[{"href":"https:\/\/onkodradio.staging.ileysinc.com\/en\/wp-json\/wp\/v2\/media?parent=8643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onkodradio.staging.ileysinc.com\/en\/wp-json\/wp\/v2\/categories?post=8643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onkodradio.staging.ileysinc.com\/en\/wp-json\/wp\/v2\/tags?post=8643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}