Arab Coordination Group and African Development Bank Group Launch a Structured Strategic Partnership to Scale Co-Financing and Investment in Africa

The High-Level Consultation Meeting culminated in the adoption of a Joint Declaration on a Strategic Partnership between the ACG and the AfDB.

ABIDJAN, Ivory Coast, January 14, 2026/ –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 partnership for Africa’s economic transformation.

The Arab Coordination Group (ACG) and the African Development Bank Group (AfDB) (www.AfDB.org) launched a new phase of their partnership aimed at scaling co-financing, mobilising private capital, and accelerating Africa’s economic transformation.

The High-Level Consultation Meeting convened at the AfDB’s headquarters in Abidjan, established a common platform to move from fragmented cooperation toward programmatic, large-scale co-investment aligned with the continent’s economic development priorities.

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.

It also reflects the collective ambition of ACG members to expand their engagement with Africa, deployed in a more coordinated and catalytic manner.

From Cooperation to Co-Investment at Scale

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