African Leaders Launch Africa Infrastructure Financing Facility to Boost Cross-Border Projects
African Heads of State and Government formally launched the Africa Infrastructure Financing Facility (AIFF) on February 14, 2026, marking a coordinated, Africa-led platform aimed at accelerating the preparation and financing of priority cross-border infrastructure projects in line with Agenda 2063. The launch occurred during the Third Presidential High-Level Dialogue of the Alliance of African Multilateral Financial Institutions (AAMFI), held alongside the 39th African Union Summit under the theme “Strengthening Africa’s Financial Architecture to Finance Agenda 2063.”
The event, held under the patronage of H.E. John Dramani Mahama, President of Ghana and AU Champion on AU Financial Institutions, highlighted Africa’s commitment to translating financial sovereignty into operational mechanisms capable of mobilizing long-term capital at scale. Leaders emphasized that while Africa has domestic capital pools exceeding $2.5 trillion, the challenge lies in deploying it strategically into infrastructure, industrialization, and job creation. They noted that fragmented capital markets, high cost-of-capital premiums, and reliance on external financial systems continue to constrain financing for continental development.
