Luanda: The III Summit on Financing Infrastructure in Africa officially commenced on Tuesday in the Bay of Luanda, under the leadership of Angolan President and African Union Chairperson, Joo Louren§o. The summit brings together Heads of State and Government, leaders of regional organizations, and representatives of international financial institutions. Its primary focus is to enhance continental cooperation in infrastructure and secure funding for structural projects that foster integration and intra-African trade.
According to Angola Press News Agency, the event began with a family photo and a welcome session, followed by the playing of the national anthems of Angola and the African Union. An institutional video screening and a cultural performance by the group L³hoo were part of the opening ceremony. Angolan President Joo Louren§o delivered the opening address, emphasizing the importance of coordinated efforts among African political leaders to finance and modernize infrastructure, thereby strengthening intra-African trade.
The session featured speeches from notable figures, including Azali Assoumani, President of the Comoros; Faure Essozimna Gnassingb©, Head of the Togo Council; Mahmoud Ali Youssouf, President of the African Union Commission; Azouz Nasri, President of the Council of the Nation of Algeria, representing the Algerian President; Nestor Ntahontuye, Prime Minister of Burundi; and Kamel Al-Wazir, Deputy-Prime Minister of Egypt, representing the Egyptian President.
Throughout the day, the focus remains on a high-level dialogue titled “For an Integrated, Connected and Prosperous Africa,” which aims to mobilize resources for developing regional corridors and free trade zones. In the afternoon, the plenary session resumes with a debate on “Designing Africa’s Future,” expected to tackle issues concerning African civil aviation financing, electricity interconnection, green investment, and cross-border partnerships to promote a more integrated and sustainable Africa.
The III Summit on Financing Infrastructure Development in Africa hosts over 2,000 guests and will continue until the 31st of the current month.