The high-level Africa Team
Roundtable, held on 12 July 2025 at the Sipopo Conference Centre in Malabo,
Equatorial Guinea, brought together senior African Union (AU) officials,
Regional Economic Communities (RECs), development-finance leaders and
private-sector partners to agree the next steps in joint resource mobilization
for Agenda 2063’s Second Ten-Year Implementation Plan. Convened on the
sidelines of the 7th Mid-Year Coordination Meeting (MYCM), the event signaled a
decisive shift away from fragmented development efforts toward a single
continental investment interface.
Why the Roundtable mattered
- Africa Team as the AU’s new delivery engine – Endorsed by the AU Assembly in February 2025
(Decision 922 XXXVIII) as the “principal mechanism” for financing the
STYIP “Moonshots”, Africa Team unifies national, regional and continental
priorities in sectors ranging from infrastructure and food systems to
digital transformation.
- Budgetary urgency
– Ministers meeting in Malabo for the 47th Executive Council highlighted
chronic funding gaps and called for a “unified approach” to continental
integration—an appeal echoed in the Roundtable’s push for pooled finance
and blended-risk instruments.
- Alignment with the AU’s 2025 Theme of the Year – The discussion took place as the Union pursues
“Justice for Africans and People of African Descent through Reparations,”
adding moral weight to calls for fair, inclusive development finance.
Voices from the floor
PAP President: a call for equity and
value-chain thinking
H.E.
Chief Fortune Charumbira warned
that Africa Team must “not suffer the same fate” as earlier mechanisms that bred
perceptions of unequal benefits. He urged the platform to “ensure development
initiatives are equitable and that benefits accrue to every Member State,” and
to extend coordination “across the entire value chain—from conception to
disposal.”
AUC Chairperson: from donor
dependency to ownership
Chairperson H.E. Mahmoud Ali Youssouf told delegates it is “time to shift from
fragmented efforts to harmonised delivery … Together we can unlock the Africa
we want—resilient, prosperous and self-reliant.”
IGAD Executive Secretary: a
continental declaration
Dr
Workneh Gebeyehu hailed the meeting as proof that
“the time for fragmented approaches has come to an end,” stressing that Africa
Team “de-risks investment through political endorsement and coordinated
frameworks.”
What was agreed
Participants closed the roundtable
by rallying around three concrete deliverables. First, they endorsed a High-Level
Declaration that formally designates Africa Team as the African Union’s
single investment interface and obliges Member States, Regional Economic
Communities and AU organs to coordinate their programmes through it. Second,
they approved an Africa Team Roadmap – Phase II, a time-bound plan that
sets immediate milestones for aligning partner priorities, curating a bankable
project pipeline and putting robust monitoring and accountability mechanisms in
place to sustain momentum. Finally, they launched a drive for partner
commitments, inviting development-finance institutions, multilateral banks,
private investors and philanthropic actors to register expressions of interest
that range from technical assistance and co-financing to blended-finance
instruments, with a consolidated summary of pledges to be annexed to the
meeting’s communiqué.
Programme snapshot
The side event ran from 10:30 to
12:30 local time and was co-hosted by the Government of Equatorial Guinea and
AUDA-NEPAD. Participants included the AUC Deputy Chairperson, CEOs of
continental agencies, ministers of foreign affairs, and representatives of Standard
Bank, Afreximbank and the Africa50 fund.
Context within the Mid-Year
Coordination Week
The Roundtable’s outcomes dovetail
with the Executive Council’s deliberations (10–11 July) on scaling up the AU
budget and accelerating treaty ratifications, and feed directly into the
Heads-of-State segment of the MYCM on 13 July.
Looking ahead
- Integration with AfCFTA corridors – Africa Team’s deal pipeline will prioritise projects
that unlock continental trade routes and regional value chains,
reinforcing the AfCFTA’s objectives.
- Accountability loop
– AUDA-NEPAD will issue quarterly dashboards tracking disbursements,
impact metrics and gender-responsive outcomes.
- Legislative oversight
– The Pan-African Parliament will use its upcoming Fifth Ordinary Session
to scrutinise Africa Team financing instruments and ensure equitable
distribution, in line with President Charumbira’s pledge of “One Africa,
One Voice.”
- Private-sector catalysis – Early-stage de-risking tools and blended-finance
windows are expected to be unveiled before the February 2026 AU Summit.
Why it matters
With Africa’s population projected
to hit 3 billion by 2063, the continent needs an estimated US $180 billion
annually for infrastructure alone. Africa Team’s promise lies in aggregating
that demand into investable, politically endorsed packages—moving from “pilot
projects” to scaled solutions that can meet Agenda 2063’s Moonshot ambitions.
As the MYCM concludes, the Malabo Roundtable stands out as a practical demonstration of continental unity—transforming slogans of integration into bankable pipelines and measurable impact.
No comments:
Post a Comment
Disclaimer: Comment expressed do not reflect the opinion of African Parliamentary News