Partnership Overview

The partnership between India and the African Development Bank Group (AfDB) is marked by a long history of coo-peration spanning over 30 years when India became a member of the African Development Fund (ADF) in 1982 and of the African Development Bank (AfDB) in 1983.

India’s collaboration with the Bank Group is articulated around three main pillars: ADF replenishment, bilateral trust fund, and co-financing arrangements, in addition to the provision of resources for the implementation of the Multila-teral Debt Relief Initiative (MDRI).

Joint initiatives

To enhance the development of private sector in Africa, the Export-Import Bank of India has sponsored several AfDB business opportunity seminars in India.

In May 2015, India and the AfDB signed a new Trust Fund for INR 600 million (US $9.5 million). Priority areas include: the provision of technical assistance in infrastructure and railway development; information and communications technology; science, technology and non-conventional energy; and knowledge-sharing of India’s development ex-perience. Under the Trust Fund, India is interested in sharing its expertise in the implementation of the public-private partnership (PPP) model in Africa.

In 2015, the India Exim Bank established the Mauritius-based Kukuza Project Development Company in 2015, in partnership with the African Development Bank, the State Bank of India and Infrastructure Leasing & Financial Ser-vices Ltd. The facility will help develop a pipeline of bankable infrastructure projects in Africa.

In 2017, AfDB participated in the India-Africa Project Partnership Conclave, which was held in New Delhi, hosted by the Export-Import Bank of India, the Confederation of Indian Industry (CII), and the Government of India.


Ms. Karin Isaksson

Executive Director


Mr. Christian FOUGNER

Senior Advisor


Ms. Belinda CHESIRE

Principal Cooperation Officer


Resource Mobilization & Partnerships Department