Tag: Infrastructure

  • Angola to Host Africa’s Largest Infrastructure Financing Summit in October

    By Staff Reporter

    The African Union Development Agency (AUDA-NEPAD) and the African Union Commission (AUC), in partnership with the Government of Angola, will host the continent’s largest infrastructure financing gathering from October 28 to 31, 2025, in Luanda.

    The summit builds on the momentum of the 2023 Dakar Infrastructure Financing Summit and will focus on mobilising capital to bridge Africa’s infrastructure gap, which exceeds US$100 billion annually. Key priorities include financing cross-border energy, transport, logistics, and digital projects under the African Union’s Agenda 2063 and the Programme for Infrastructure Development in Africa (PIDA).

    Angola’s President João Manuel Gonçalves Lourenço, the current AU Chair, has made infrastructure development central to his continental agenda. At the AU handover ceremony earlier this year, he emphasised the need to “mobilise all available financial resources” to drive Africa’s trade, industrialisation, and digital connectivity.

    The Luanda Summit will feature curated deal rooms, investment pitches, and project showcases. Flagship corridors such as the Lobito Corridor, LAPSSET, and the Dakar–Bamako–Djibouti route will be presented as integrated models of trade and industrial growth.

    Energy access will be a major theme, with more than 600 million Africans still without electricity. The summit will highlight financing pathways for the African Single Electricity Market and the Continental Power Systems Master Plan, estimated to require US$1.3 trillion by 2040. Sustainable energy, digital innovation, and water security projects will also take centre stage, alongside efforts to attract climate-aligned capital and philanthropic investment.

    The event coincides with the mid-term review of PIDA’s Priority Action Plan, which will assess progress and refine strategies for fast-tracking projects. Domestic capital mobilisation will also be on the agenda, with discussions on leveraging Africa’s US$70 billion in annual pension and sovereign wealth funds for infrastructure.

    As South Africa takes over the G20 Presidency in 2025, the Luanda Summit is expected to amplify Africa’s voice on the global stage, particularly on infrastructure financing, energy access, and climate finance.

    Registration for participants, exhibitors, and partners will open in the coming weeks, with further details to be shared on the official event platform.