The AfDB estimates Africa’s annual development financing gap at more than $400 billion.
He said the partnership would help transform social security and pension funds into strategic instruments for sustainable development.
Aviation minister Festus Keyamo says sustainable aviation financing is critical to Africa’s economic integration and development.
AfDB and the WEF have launched a new roadmap to mobilise private investment for Africa’s fragile and underserved economies.
The United Nations Economic Commission for Africa has called for urgent action to close Africa’s huge financing gap in water and sanitation investments.
The leaders made the call during a presidential dialogue held at the 2026 Annual Meetings of the African Development Bank Group in Brazzaville.
The Chief Economist/Vice President for Economic Governance and Knowledge Management, AfDB, Kevin Urama, presented the report.
The African Development Bank says Morocco has overtaken South Africa as Africa’s leading industrial economy.
According to him, Africa’s future depends on stronger regional cooperation.
The AfDB said the continent required huge investments in infrastructure, energy, food security, climate adaptation and job creation.
