Kenya Development Corporation (KDC), in partnership with the African Association of Development Finance Institutions (AADFI), has convened a high-level workshop in Nairobi aimed at strengthening the capacity of Development Finance Institutions (DFIs) across Africa to manage problem and non-performing loans.
The forum has brought together delegates from leading DFIs across the continent to share practical experiences and best practices in risk management, portfolio performance and institutional resilience.
Representing KDC Director General Norah Ratemo, Director for Strategy, Research, Policy and Innovation, Faith Nene officially opened the workshop, emphasizing the need for stronger risk management frameworks to enable development finance institutions to effectively support Africa’s long-term economic transformation.
Nene said resilient financial institutions are essential in mobilising capital for strategic investments while safeguarding financial sustainability amid evolving economic challenges.
The workshop has attracted participants from several regional and continental development finance institutions, including FINCORP, Trade and Development Bank (TDB), Development Bank of Southern Africa (DBSA), Tanzania Investment Bank (TIB), ECOWAS Bank for Investment and Development (EBID), Uganda Development Corporation (UDC), Liberia Bank for Development and Investment (LBDI), Industrial Development Corporation (IDC), Mortgage and Savings Company (MSC), Fonds de Développement Économique de Djibouti (FDED), Africa Finance Corporation (AFC) and Kenya Development Corporation (KDC).
Over the course of the workshop, participants are expected to exchange insights on managing non-performing loans, strengthening enterprise risk management systems, improving portfolio quality and enhancing institutional performance.
The discussions are also expected to explore strategies for building stronger and more resilient development finance institutions capable of financing infrastructure, industrialisation and other sustainable development priorities across Africa.
KDC said the partnership with AADFI reflects its continued commitment to promoting collaboration, institutional excellence and innovative financing solutions that support inclusive economic growth across the continent.