Abidjan, Côte d’Ivoire— The African Legal Support Facility (ALSF) and the Arab Bank for Economic Development in Africa (BADEA) have reinforced their strategic partnership through a joint initiative aimed at strengthening sovereign finance capacity and institutional frameworks in the Seychelles.
Under the initiative, BADEA is providing a grant of USD 375,000 to support targeted technical assistance and institutional capacity-building activities in the country. The collaboration reflects the shared commitment of both institutions to support African governments in strengthening legal, institutional, and operational frameworks for public finance management and debt sustainability.
Through this partnership, the ALSF and BADEA aim to support:
Commenting on the partnership, the ALSF Director, Olivier POGNON, emphasized the importance of the initiative, noting that the collaboration with BADEA reflects the shared ambition of the partnership to deliver practical, high-impact solutions that strengthen sovereign finance frameworks and build institutional capacity. He also underscored the importance of targeted legal and technical support to sustainable and resilient public financial management systems across Africa.
About the ALSF
The African Legal Support Facility (ALSF) is an international organization hosted by the African Development Bank Group. The ALSF provides legal advisory and capacity building support to African governments in sovereign finance, energy, natural resources and extractives, and infrastructure Private Public partnerships, and related sovereign transactions.
About BADEA
The Arab Bank for Economic Development in Africa (BADEA) supports economic development across Africa through financing, grants, technical assistance, and strategic partnerships aimed at promoting sustainable growth and regional integration.