AfDB Launches $5.1bn Plan for Energy and Fertiliser Crisis

The African Development Bank Group (AfDB) has approved a new response framework, the Global Energy and Fertiliser Crisis Response Framework (GEFCRF), which could mobilise up to $5.1 billion to assist African countries in mitigating the impacts of the global energy and fertiliser crisis. This approval was made by the Bank’s Board of Directors on September 1, 2026.

The framework aims to provide immediate financial and policy support to countries facing vulnerabilities while enhancing their capacity to withstand future shocks. It will be financed through an additional $4.1 billion in AfDB lending and up to $960 million from the African Development Fund.

The initiative is designed to stabilize macroeconomic conditions, secure critical supplies, protect essential public spending, and sustain long-term resilience reforms. Martin Fregene, officer in charge and vice president for agriculture, stated that access to finance is crucial for maintaining fertiliser supply to farmers while developing stronger local markets.