Civil society groups criticize AfDB's new NAFAD initiative, warn it may worsen African food system challenges
By
Witness Radio
Summary
Civil society organizations have criticized the African Development Bank's (AfDB) newly launched New African Financial Architecture for Development (NAFAD), warning that it may worsen rather than solve challenges facing African food systems and investment priorities. The framework was endorsed during the AfDB Annual Meetings in Brazzaville, Republic of Congo (May 25-29, 2026), as a mechanism for mobilizing large-scale development financing across Africa. Civil society groups argue the initiative could reinforce existing structural problems rather than address them.
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bskyCivil society groups criticize AfDB's new NAFAD initiative, warn it may worsen African food system challengesradio.witnessradio.orgKey quotes
· 3 pulledCivil society organizations warn that the African Development Bank's (AfDB) newly launched New African Financial Architecture for Development (NAFAD) may reinforce existing challenges in African food systems and investment priorities.
The concerns follow the AfDB Annual Meetings in Brazzaville, Republic of Congo, from 25–29 May 2026, during which the Bank and its partners endorsed NAFAD as a framework for mobilizing large-scale development financing across Africa.
The meetings produced three outcomes: AfDB Board of Governors' endorsement of NAFAD and its Four Car
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