The African Development Bank Group (AfDB), through its Capital Markets Development Trust Fund (CMDTF), has launched a call for proposals under its 2025 Annual Budget and Work Program. With a funding envelope of $4.8 million, the call seeks to bolster capital markets across Africa through a wide range of initiatives running from 2025 to 2028. The call is part of AfDB’s continued commitment to strengthening Africa’s financial ecosystem and advancing its High 5 strategic priorities: Light up and power Africa, Feed Africa, Industrialize Africa, Integrate Africa, and Improve the quality of life for the people of Africa.
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