On February 14, 2025, African Heads of State and Government officially launched the Africa Infrastructure Financing Facility (AIFF) during the Third Presidential High-Level Dialogue of the Alliance of African Multilateral Financial Institutions (AAMFI). This initiative aims to create a coordinated, Africa-led platform that will accelerate the preparation and financing of crucial cross-border infrastructure projects in alignment with the objectives outlined in Agenda 2063. The dialogue took place on the sidelines of the 39th African Union Summit, emphasizing the importance of strengthening Africa's financial architecture for sustainable development.

Under the leadership of H.E. John Dramani Mahama, President of Ghana and African Union Champion on AU Financial Institutions, the launch reinforced a collective commitment among African nations to enhance financial sovereignty. The AIFF is positioned as a vital mechanism to mobilize long-term capital on a significant scale, which is essential for the successful realization of Agenda 2063. The leaders addressed existing challenges, such as fragmented capital markets, that have hindered effective financial integration and project execution across the continent.

The establishment of the AIFF has far-reaching implications for the continent's development, as it presents a new opportunity to mobilize resources for vital infrastructure projects. By facilitating collaboration among African nations and creating a more integrated financial framework, the AIFF is expected to enhance the continent’s capacity to tackle financing gaps, drive economic growth, and achieve the ambitions laid out in Agenda 2063. Ultimately, this initiative seeks to foster a more resilient and self-sufficient Africa, capable of addressing its local challenges through collective financial efforts.