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This initiative has brought together African, multilateral and bilateral development banks and bilateral donors under the framework as articulated in the SFAE Declaration.
Core Members
www.afdb.org
African Development Bank Group
The African Development Bank (AfDB) Group is Africa's premier development finance institution with a mandate to spur sustainable economic development and social progress in the continent, thereby contributing to poverty reduction. The Bank Group achieves this objective by mobilizing and allocating resources for investment into the continent, and providing policy advice and technical assistance to support development efforts. The African Development Bank's authorized capital of around USD 208 billion is subscribed to by 81 member countries made up of 54 African countries and 27 non-African countries.
www.ebrd.com
European Bank for Reconstruction and Development (EBRD)
The EBRD is a multilateral bank that promotes the development of the private sector and entrepreneurial initiative in 38 economies across three continents. The Bank was created in April 1991 and since then its investments reached over €160 billion in more than 6,000 projects across three continents.
The Bank is owned by 71 countries as well as the EU and the EIB. EBRD investments are aimed at making the economies in its regions competitive, inclusive, well-governed, green, resilient and integrated.
www.edfi.eu
European Development Finance Institutions
EDFI member institutions are focused on the development of private sector enterprises and operate in developing countries and emerging economies. They are mandated by their governments to contribute to the SDGs by creating jobs, boosting growth, fighting poverty and climate change. Although EDFI members have slightly different mandates and strategies, they are guided by a common ambition: “To improve people’s lives – for current and future generations – in countries where the need is the strongest, through the engine of private sector growth.”
www.eib.org
European Investment Bank (EIB)
The European Investment Bank (“EIB”) Group is the lending arm of the European Union. EIB Global is the EIB Group’s new specialised arm dedicated to increasing the impact of international partnerships and development finance. EIB Global is designed to foster strong, focused partnership within Team Europe, alongside fellow development finance institutions, and civil society. EIB Global brings the Group closer to local people, companies and institutions through our offices across the world.
French Treasury
The Directorate General of the Treasury is one of the main Directorates General of the French Ministry of the Economy, Finance and the Recovery, in charge of advising the French Government on domestic and international economic, commercial and financial policy.
www.ifc.org
International Finance Corporation (IFC)
IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2021, IFC committed a record $31.5 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of the COVID-19 pandemic. For more information, visit www.ifc.org.
www.proparco.fr/en
Proparco
Proparco is a subsidiary of Agence Française de Développement (AFD) focused on private sector development. It has been promoting sustainable economic, social and environmental development practices for over 40 years
Initial members, referred to as ‘core members’ contribute to the projects origination and structuring process of the Alliance by providing financial support and/or technical expertise, human capital or other relevant resources to support the Alliance. Current members include: African Development Bank (AfDB), European Bank For Reconstruction and Development (EBRD), International Finance Corporation (IFC), European Investment Bank (EIB), Proparco, Le Gouvernement De La Republique Francaise, European Development Finance Institutions (EDFI).