In March 2022, the African Development Bank (AfDB) adopted its third “Strategy for Addressing Fragility and Building Resilience in Africa (2022-2026)”, which details how the Bank will adapt its operations, approaches and instruments to tackle the root causes of conflict and fragility, recognizing the need to scale up investments in crisis prevention, capacity and private sector development. Building on over 20 years of increasing expertise in operating in fragile contexts, this Strategy offers new opportunities to further strengthen the existing partnership between the AfDB and the UN, including operationally via the Bank's Transition Support Facility (TSF) with the UN Peacebuilding Fund (PBF). Since 2020, the AfDB has briefed the UN Peacebuilding Commission on several critical topics, including, for example, during the Annual Sessions, the Sahel Climate-Peace nexus, the updated AfDB Fragility and Resilience Strategy as well as country-specific meetings (Burkina Faso and Guinea-Bissau). 

Responding to the ever more urgent need to enhance alignment, coherence, complementarity and synergies between multilateral development banks and the UN to advance peacebuilding with strong national ownership, the AfDB and PBSO are advancing on the development and implementation of a joint workplan for 2023 and beyond. Collaboration and coordination around policy dialogues, analyses and programming will be at the center of this work.