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بوابة الشروق
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بوابة الشروق

2026-10-04T11:53:28.000Z

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NEPAD Founders to Finance Initiatives by 2027

NEPAD Founders to Finance Initiatives by 2027

The Al-Alamein Declaration article focused on African heads of state and government committing to the highest levels of dedication and commitments to promote development and investment across the African continent, within the framework of the New Partnership for Africa's Development (NEPAD). The declaration emphasized the necessity of sustainably and self-financially funding African institutions, and uniting development efforts through the establishment of the Al-Alamein Investment Platform by February 2027. The goal is to mobilize private and public capital and to develop a portfolio of ready-to-invest projects. It also stressed the importance of strengthening the institutional role of the African Union Development Agency, with an emphasis on effective financing and decisive measures to enable the agency to implement its strategy more flexibly and efficiently, aiming to accelerate economic transformation and sustainable development in Africa.

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