NEPAD Leaders Push for AUDA Funding

Nepad leaders have decided to reposition the African Union Development Agency (AUDA-NEPAD) to enhance its status as a stronger, more responsive institution, with a focus on more effectively funding African institutions. They called for the establishment of an investment platform in the two regions by the African Union Summit in February 2027, and for the presentation of ready-to-invest projects within a specified timeline. They also urged the activation of low-risk financing tools led by Africa within 18 months, and the improvement of the agency’s financial and operational rules and regulations, with an emphasis on development funding and aligning its efforts with the goals of Agenda 2063.

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