News

U.S., AU Launch Investment Group to Target Africa’s $68B-$108B Infrastructure Deficit

U.S., AU Launch Investment Group to Target Africa’s $68B-$108B Infrastructure Deficit
Friday, 30 January 2026 19:39
  • African Union, U.S. launch infrastructure and investment working group
  • Initiative targets trade, logistics, digital projects under Agenda 2063
  • Group seeks to mobilize U.S. private capital for African infrastructure

The African Union Commission (AUC) and the United States have launched a Strategic Infrastructure and Investment Working Group (SIWG), following talks between AUC Chairperson Mahmoud Ali Youssouf and U.S. Assistant Secretary of State Christopher Landau.

The initiative, launched on Jan. 28, 2026, aims to mobilize investment in high-quality infrastructure to support trade, spur private-sector engagement and advance the African Union’s Agenda 2063 priorities.

The SIWG will bring together senior officials and technical experts from the AUC and the U.S. government to identify investment opportunities and encourage U.S. private-sector participation in AU-backed infrastructure projects. It will focus on trade and logistics networks, as well as digital transformation across the continent.

The U.S. State Department said the investments would draw on AU expertise alongside American capital and new financing instruments, with the goal of strengthening supply chains for critical minerals and raw materials, as well as developing transport corridors, energy networks and regulatory harmonisation.

The African Development Bank says Africa’s industrial development has been held back by gaps in infrastructure, power generation, water and transport. The bank estimates the continent needs $130 billion to $170 billion a year for infrastructure development, leaving an annual financing gap of $68 billion to $108 billion.

Africa currently invests about 4% of GDP in infrastructure, compared with 14% in China. Closing the gap could lift annual GDP growth by around two percentage points, the AfDB adds.

Infrastructure development is central to Agenda 2063, notably through the Programme for Infrastructure Development in Africa (PIDA), which provides a framework for member states to build integrated transport, energy, digital and transboundary water networks to boost trade, stimulate growth and create jobs.

Lydie Mobio

On the same topic
Niger junta accuses France, Benin, Côte d’Ivoire of backing attack Gunfire reported near Niamey airport amid ECOWAS tensions Border closure with Benin...
African Union, U.S. launch infrastructure and investment working group Initiative targets trade, logistics, digital projects under Agenda 2063 Group...
Coffee, cocoa price slump leaves 1,500 tonnes unsold in Togo Cocoa prices fall sharply, halving exports year-on-year Sector urges coordinated losses...
Egypt signs Schneider Electric pact to advance green economy transition 2026-2029 partnership supports climate-resilient agriculture and food...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
03

BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...

BRVM Lists Burkina Faso’s First Securitization Fund Bonds
04

CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...

Ethiopia’s CBE launches digital platform to channel diaspora remittances
05

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.