African Union and Afreximbank deepen partnership on infrastructure financing and regional integration

Date: 2026-10-21
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By:   Kanto Kai Okanta

The African Union (AU) and the African Export-Import Bank (Afreximbank) have reaffirmed their commitment to deepen collaboration on infrastructure development, with a focus on unlocking trade, facilitating the movement of people and advancing regional integration across the continent.

The commitment was reaffirmed on Monday, October 19, 2026, when AU Commissioner for Infrastructure and Energy Lerato D. Mataboge met with Afreximbank President George Elombi at the bank’s headquarters in Cairo, Egypt.

During the meeting, Mataboge presented the department’s priorities across transport, energy, digital transformation and the Programme for Infrastructure Development in Africa (PIDA).

The discussions also focused on cooperation towards implementing the African Union’s 2027 Theme of the Year, “AU at the Dawn of its 25th Anniversary: Leveraging the Full Potential of SAATM & New Technologies for Continental Integration.”

Particular emphasis was placed on mobilising financing for the aviation sector to support the Single African Air Transport Market (SAATM), an initiative aimed at strengthening air connectivity across Africa.

The 2027 theme offers an opportunity to address persistent barriers to air transport access, connectivity and sustainability by linking political commitment with financing to deliver a more connected continent.

 

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