Independent Recourse Mechanism (IRM) of the African Development Bank Group’s Post

We asked the Independent Recourse Mechanism (IRM) of the African Development Bank Group Recourse Mechanism (IRM) staff an important question - what do the IRM's core values of independence, impartiality, equality, accessibility, transparency, diligence and professionalism mean to you? Here are some of the insightful responses we received on ‘Equality’ To learn more about how we put our values into practice, see our latest Accountability Report: https://lnkd.in/eZ6GRMwz

Why join AFI's African Financial Inclusion Policy Initiative (AfPI)❓ During the recent AfPI meeting held in Seychelles, AFI members from #Africa region talked about the benefits of joining AfPI. What is AfPI? AfPI is the primary platform for AFI’s African members. It supports and develops #FinancialInclusion policies, regulatory frameworks and other knowledge products in Africa. From AFI’s regional office in Abidjan, AfPI brings together high-level representatives from financial policymaking and regulatory institutions in Africa. It also coordinates regional capacity building and peer learning efforts across the region. Find out more from AfPI members: 📽 https://bit.ly/45h0IOW Emma Haiyambo, PhD, Bank of Namibia; Nomcebo Hadebe, Eswatini Ministry of Finance; Amediku Kwabla Settor (PhD), Bank of Ghana; Mothetsi Sekoati, Central Bank of Lesotho. #afiAfrica #LeaveNoOneBehind #InclusiveFintech #FinancialServices

A great piece by Sarah Cliffe, Daniel Friedman, Céline Monnier, and Betty Wainaina of the NYU Center on International Cooperation at the occasion of the Spring Meetings this week, with three important recommendations on conflict and violence prevention: 1) That conflict and violence must remain top of the agenda: from criminal violence, to interpersonal and gender-based violence, the Bank has a vital role to play in building the knowledge base, building evidence, looking for optimal operational responses, promoting cross-country learning and exchange of solutions to this pervasive, universal challenge. 2) The Bank has made significant progress in “staying engaged” in active conflict, despite constraints of both mandate and instruments. Supporting the most vulnerable in these situations is feasible. Strong partnerships across development, humanitarian, and peacebuilding actors make the difference. 3) Prevention continues to be a complex endeavor but the introduction of the PRA financing windows has brought about critical discussions on the link between peace and development. The evidence of what works in prevention is slowly growing and the Bank can successfully build on it. As the note rightly suggests, success is possible.

December 4 is designated by the United Nations as the International Day of Banks "in recognition of the significant potential of multilateral development banks and other international development banks in financing sustainable development and providing know-how; and also in recognition of the vital role of the banking systems in Member States in contributing to the improvement of the standard of living."   The theme for this year’s International Day of Banks is “Achieve sustainable development goals and improve the global financial architecture.” This theme emphasises the importance of aligning banking practices with sustainable development goals. To commemorate this day, we will share with you in our next post, key legal and regulatory framework for the Nigerian Banking Sector. #Internationaldayofbanks #nigerianbankinglaws #AELEX #Bankingandfinance #Bankinglaws #Internationalday #UNObservances

🔎How can access to legal documentation empower individuals, foster inclusion, and strengthen communities? 📝Civil Registration is the foundation for persons to access rights and be able to move regularly. The RSO is moderating an in-person panel today on "Legal Identity for all" at the World Conference on Statelessness, with speakers from The World Bank, Vital Strategies , Universiteit van Amsterdam Macquarie University and Himal Innovative Development Research to discuss why legal identity is crucial for every person. #WCS2024