23-05-2025
Arab Coordination Group Partners with Private Sector to Drive Sustainable Development
The Arab Coordination Group (ACG) hosted a flagship session titled 'Partnering for Impact: The Arab Coordination Group and the Private Sector Driving Sustainable Development' during the Private Sector Forum of the Islamic Development Bank (IsDB) Group. This session took place alongside the IsDB Group Annual Meetings in Algiers.
The event spotlighted key initiatives, strategic investments, and pioneering success stories led by ACG member institutions. It underscored the global impact of public-private partnerships in advancing sustainable development and emphasized the importance of private-sector engagement in emerging and high-potential markets. The dialogue focused on fostering collaboration and scalable solutions, with a particular emphasis on infrastructure development and the critical role of small and medium-sized enterprises (SMEs) in promoting inclusive economic growth.
Established in 1975, the ACG is a strategic alliance of development finance institutions committed to delivering coordinated and effective development support. By leveraging shared expertise and facilitating knowledge exchange, the Group plays a vital role in helping developing countries achieve their social and economic development objectives. To date, the ACG has extended over 11,000 development loans across more than 160 countries.
The ACG comprises ten key institutions—four bilateral and six multilateral—including: Abu Dhabi Fund for Development
Arab Bank for Economic Development in Africa (BADEA)
Arab Fund for Economic and Social Development
Arab Gulf Programme for Development (AGFUND)
Arab Monetary Fund
Islamic Development Bank (IsDB)
Kuwait Fund for Arab Economic Development
OPEC Fund for International Development
Qatar Fund for Development
Saudi Fund for Development
Together, these institutions are driving sustainable impact through strategic collaboration with the private sector.
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