Africa Infrastructure Financing Facility Launched to Strengthen Continental Financial Sovereignty
AllAfrica
February 26, 2026
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African Heads of State and Government officially launched the Africa Infrastructure Financing Facility (AIFF) on February 14, 2025, during the Third Presidential High-Level Dialogue of the Alliance of African Multilateral Financial Institutions (AAMFI). This new platform aims to accelerate financing for cross-border infrastructure projects aligned with Agenda 2063, a continental development framework. The launch took place as part of the 39th African Union Summit, which focused on strengthening Africa's financial architecture to support sustainable development.
The AIFF is designed to address key challenges faced by Africa in mobilizing long-term capital for infrastructure and industrialization projects. According to President John Dramani Mahama of Ghana, who chairs the AU Financial Institutions group, Africa has over $2.5 trillion in domestic capital but faces significant hurdles in effectively deploying these resources. He emphasized the need for a coordinated financial system that leverages African Multilateral Financial Institutions (AMFIs) to reduce reliance on external financing systems that often misprice African risk.
The initiative aligns with Agenda 2063, which aims to transform Africa into a global economic powerhouse by 2063. However, the continent's development ambitions have been constrained by fragmented capital markets, high cost-of-capital premiums, and limited access to long-term funding. The AIFF seeks to bridge
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Originally published on AllAfrica on 2/26/2026