In his remarks, Dr. Corneille Karekezi appreciated the members for the privilege and reiterated the vision of AAMFI to “promote sustainable economic development, deepen continental integration, and strengthen Africa’s financial sovereignty.” He highlighted the challenges: “Our infrastructure deficits constrain growth and competitiveness. Our trade potential remains underutilized. Our economies are increasingly exposed to climate-related risks. And the cost of capital for African institutions and economies remains disproportionately high, particularly amid evolving global economic conditions.” He also noted that these challenges reinforce the urgency of repositioning Africa’s financial architecture and strengthening collaboration among our institutions. He urged members to prioritise collaboration, pooling expertise, aligning strategies, and deploying innovative financing solutions to address Africa’s development needs at scale.

He further added that, “this alliance is not about replacing global partnerships; rather, it is about strengthening Africa’s voice and enhancing its negotiating position within them. It is about ensuring that Africa’s development priorities are financed in ways that reflect our realities, align with Agenda 2063, and support long-term sustainability.”