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New African Financial Architecture: Abidjan hosts a high-level meeting on February 17

09/02/2026
Source : ORISHAS FINANCE
Categories: Sectors

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A press release from the Bank of Central African States (BEAC) announces the holding of a meeting on 17 February 2026 in Côte d'Ivoire decisive on the future financial architecture of the continent.

The high-level thinking initiated by the Bank African Development Agency (ADB) has the vision of accelerating the implementation of the New African Financial Architecture (NAFA). The ambition is to strengthen the sovereignty, stability and depth of financial markets African countries in order to better finance major development priorities.

In reality, to deal with an environment International unstable and “difficult”, the President of the Bank African Development Agency (BAD), Sidi Ould Tah, intends to restructure the approach financial support for the continent via four priority areas:

The first point relates to the mobilization of large scale of resources for financing the continent's development African. He plans to massively mobilize funds, to build partnerships with the private sector and capture African savings.

The second point is the new architecture financial. For him, it is necessary to reorient the assets of sovereign wealth funds and African pensions (estimated at 1 trillion dollars) towards development rather than passive investments.

The third point is about employment and SMEs. The President of the ADB wants to work with the leaders to formalize the informal sector and to transform the education system to create millions jobs for young people.

For the fourth point, on Public-Private partnerships, Sidi Ould Tah wants to consolidate an approach “win-win” with financial institutions. Innovation major lies in the coordination of local actors.

For his part, the President In office of the continent's central banks, Governor Yvon Sana Bangui will promote a concerted vision at the meeting, while ensuring that the interests and specificities of Economic and Monetary Community of Central Africa (CEMAC) are fully taken into account in this continental shipyard. He will speak on the key role of policies monetary systems, the integration of payment systems and the development of regional capital markets.

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