By Inside Biz
Eswatini Development Finance Corporation (FINCORP) Group Managing Director, Dumisani Msibi, has been honored with the Association of African Development Finance Institutions (AADFI) Gold Award.
According to AADFI Secretary General Cyril Okoye, this award recognized the selfless services that the FINCORP MD renders to the Association as a member of the Board of Directors and Regional Representative for Southern Africa.
“Your commitment contributes to the progress the Association has recorded over the years,” said Okoye.
The award ceremony took place at the Sharm El Sheikh International Congress Centre (SSHC), in Sharm El Sheikh, Egypt, during the African Development Bank Annual Meetings and on the occasion of the 48th AADFI Annual General Assembly.
Msibi accepted the award in person from the African Development Bank (AfDB) Vice President, of Private Sector, Infrastructure, and Industrialization, Solomon Quaynor, at the Sharm El Sheikh International Congress Centre in Egypt.
He expressed his profound gratitude for the recognition.
“I am deeply humbled and encouraged that I have been found to be worthy of this prestigious honor of this continental body of Development Finance Institutions. It gives me great satisfaction that our efforts at the board of AADFI are making a difference. I wish to appreciate the collective effort of the AADFI Board of Directors for the incredible work that they do to strengthen the work of Development Finance Institutions in the continent, particularly in driving impact investments and capacity building.”
AADFI, headquartered in Abidjan, Republic of Côte d’Ivoire, is an international Pan-African organization for Development Finance Institutions (DFIs) created under the auspices of the African Development Bank in 1975.
The mission of AADFI is to promote cooperation among development finance institutions operating in Africa and in other continents in order to enhance the development finance agenda.
The Association has over 82 member institutions comprising national and multinational institutions engaged in finance and development activities in Africa. The AADFI has its headquarters in Abidjan, Republic of Côte d’Ivoire.
It is a member of the World Federation of Development Finance Institutions (WFDFI) and has observer status at the World Bank. Any banking or finance institution may accede to membership of the Association.
Members are classified into Ordinary Members comprising the African national institutions; Associates Members; Special Members made up of African regional or sub-regional institutions; Honorary Members composed of non-African international institutions.