African Heads of State and Government on February 14, 2026, formally launched the Africa Infrastructure Financing Facility (AIFF), a coordinated, Africa-led platform designed to accelerate the preparation and facilitation of financing for priority cross-border infrastructure projects aligned with Agenda 2063.
The launch took place during the Third Presidential High-Level Dialogue of the Alliance of African Multi-lateral Financial Institutions (AAMFI), convened on the margins of the 39th African Union Summit under the theme: “Strengthening Africa’s Financial Architecture to Finance Agenda 2063.”
Held under the patronage of H.E. John Dramani Mahama, President of the Republic of Ghana and African Union Champion on AU Financial Institutions, the Dialogue reinforced Africa’s commitment to translating financial sovereignty into operational mechanisms capable of mobilizing long-term capital at scale.
Agenda 2063 continues to face financing constraints driven by fragmented capital markets, elevated cost-of-capital premiums, limited long-term funding, and persistent reliance on external financial systems that do not fully reflect Africa’s development realities.
Against this backdrop, African leaders emphasized the need to strengthen existing African Multi- lateral Financial Institutions (AMFIs) while accelerating the operationalization of African Union Financial Institutions.
“Africa has domestic capital pools exceeding $2.5 trillion,” President Mahama stated. “The challenge is not the availability of capital, but how intentionally we deploy it into infrastructure, industrialization, and job creation to realize Agenda 2063 and the African Continental Free Trade Area.”
He underscored the importance of reducing dependency on fragmented financing systems that misprice Africa’s risk and called for a coherent continental financial architecture capable of financing Africa’s development sustainably.
Representing the African Union Commission, H.E. Mrs. Francisca Tatchouop Belobe, Commissioner for Economic Development, Trade, Tourism, Industry and Minerals, reaffirmed the AU’s commitment to strengthening continental financial coordination:
“The launch of the AIFF is a powerful demonstration of what can be achieved when political will and institutional coordination converge.
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