By Bright Philip Donkor
Managing Director of the African Export-Import Bank (Afreximbank), Gwen Mwaba, has emphasised the urgent need for Africa to mobilize between $130 billion and $170 billion annually to bridge its infrastructure financing gap, warning that without significant investment, the continent’s economic transformation could face major setbacks.
Speaking during the Africa Prosperity Dialogue 2025 at the Accra International Conference Centre on Thursday 30 January, Gwen Mwaba reiterated the bank’s commitment to addressing Africa’s infrastructure deficit.
“Bridging Africa’s infrastructure gap requires an estimated $130 billion to $170 billion annually. Addressing this challenge demands innovative approaches. Afreximbank is committed to financing transformative projects that will reshape the continent’s infrastructure landscape,” she stated.
She highlighted the bank’s ongoing efforts to mobilize both public and private investments to close the financing gap, which has long impeded the continent’s development. According to her, creating a sustainable infrastructure ecosystem requires not only financial backing but also strategic partnerships and policy harmonization to attract investments.
Mwaba further emphasised the importance of infrastructure in driving economic growth, fostering regional integration, and enhancing trade under the African Continental Free Trade Area (AfCFTA). She reaffirmed Afreximbank’s dedication to supporting projects that improve transport networks, energy systems, and digital connectivity, positioning Africa as a competitive global player.
“To attract investment, we must create ecosystems that foster transparency, reduce risks, and drive innovation. Only then can we transform Africa into an interconnected marketplace that benefits all its people. Beyond debt financing, Afreximbank is supporting infrastructure development through equity investments under its subsidiary, the Fund for Export Development in Africa (FEDA). Through its comprehensive guarantee offerings and project preparation facility, Afreximbank is ensuring the successful realization of key infrastructure projects.
“Yet, infrastructure is not just about physical structures—it is about connections. It is about linking nations, communities, and economies. The African Continental Free Trade Area (AfCFTA) presents a remarkable opportunity to enhance trade and foster collaboration,” she added
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