Association of Regional and Sub-regional Development Finance Institutions in West Africa

Association des institutions régionales et sous-régionales de financement du développement en Afrique de l'Ouest (AIRFD)

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History

1981, on signature of a Charter of Cooperation by member intergovernmental organizations.

Aims

Avoid unnecessary competition; allow diversification of action and complementarity of intervention; coordinate and adapt to the demands of economic integration projects in West Africa.

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Activities

Cooperation among member institutions assumes various forms and covers several sectors as follows: (1) exchange of information and studies on the various aspects of the overall economic development of Member States as well as on specific sectors and projects; (2) exchange of experiences and human resources, especially through the organization of seminars, colloquia and training courses, invitation of one another to meetings, colloquia and seminars; (3) coordination of general, identification and project evaluation studies; (4) organization of joint missions in order to promote and draw up development projects; (5) participation in the joint financing of development projects involving one or more of their Member States or common organizations; (6) joint mobilization of funds for regional studies and projects approved by Member States. Chief Executives meet periodically and at least once a year. Experts meet twice a year to assess the progress made in the implementation of the approved programmes.

Relations with Non-Governmental Organizations

Relations with 1 non-governmental organizations.
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Members

Members in 0 countries
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Type I Classification

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Type II Classification

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Subjects *

  • Society
    • Local
  • Commerce
    • Finance
  • Economics
    • Economic
  • Development
    • Development
  • Integration
    • Integration

UN Sustainable Development Goals **

GOAL 8: Decent Work and Economic GrowthGOAL 11: Sustainable Cities and Communities

UIA Org ID

D6435

Last News Received

10. Sep 1997
* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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