July 02, 2025
Amba Mpoke-Bigg — Communication and External Relations Department
International Development Finance & Climate Investment
AfDB and AIIB Renew Strategic Partnership to Accelerate Sustainable Infrastructure and Climate Finance in Africa
The African Development Bank (AfDB) and the Asian Infrastructure Investment Bank (AIIB) have renewed their Memorandum of Understanding (MoU), reinforcing their commitment to advancing sustainable economic development, climate resilience, and infrastructure financing across Africa. This collaboration aligns with global frameworks such as the UN Sustainable Development Goals (SDGs) and the Paris Agreement, emphasizing green growth, digital transformation, and private-sector mobilization.
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