Wednesday, 18 June

Africa’s economic integration takes centre stage at Malabo Leaders’ Breakfast

Business
APD meeting

The city of Malabo is poised to host a major turning point in Africa’s push for regional integration and economic transformation.

On Sunday, July 13, Equatorial Guinea will welcome continental leaders, regional blocs, and development partners for the Malabo Leaders’ Breakfast — a high-level event under the patronage of President H.E. Teodoro Obiang Nguema Mbasogo.

Jointly organised by the Africa Prosperity Network (APN), Invest Equatorial Guinea, and the Secretariat of the African Continental Free Trade Area (AfCFTA), the Leaders’ Breakfast precedes the 7th African Union Mid-Year Coordination Meeting.

It will serve as a strategic platform to break down long-standing barriers hindering the free movement of people, goods, and services across Africa.

Themed "Financing and Facilitating the Movement of People, Goods, and Services Across Africa," the breakfast aims to move Africa from rhetoric to action.

Stakeholders will explore practical, finance-driven solutions to accelerate the full implementation of AfCFTA and Agenda 2063.

“This is not just another dialogue; Malabo is where commitments become concrete. We’re shifting from diagnosis to delivery,” said Sidig El Toum, Executive Director of APN.

“With initiatives like the Dollar-a-Day Fund, we are creating homegrown solutions for Africa’s infrastructure financing challenges.”

A highlight of the event will be the unveiling of the Integrated Infrastructure Growth Fund for Africa, first proposed by H.E. Dr. Nkosazana Dlamini Zuma during the Africa Prosperity Dialogues 2025.

The initiative seeks to rally the continent’s burgeoning middle class, inviting just $1 per day per citizen to raise over $20 billion annually for roads, airports, digital infrastructure, and cross-border logistics projects.

With an initial target of 50 million contributors, the fund is expected to jump-start connectivity projects critical to boosting trade, investment, and human mobility across the continent.

The Malabo gathering will focus on:

Positioning Equatorial Guinea as a regional hub for investment and trade;

Facilitating intra-African mobility by reducing visa restrictions and lowering logistics costs;

Activating the Single African Air Transport Market (SAATM) to open African skies and reduce air travel costs;

Introducing sustainable crowdfunding models to finance continental infrastructure.

Confirmed attendees include Heads of State, African Union Commissioners, Regional Economic Community (REC) leaders, development finance executives, and stakeholders from key sectors including aviation, banking, construction, fintech, transportation, and telecommunications.

The Malabo event also marks a pivotal moment for Equatorial Guinea as it unveils a bold Investment Agenda aimed at economic diversification and enhanced participation in regional value chains.

Through Invest Equatorial Guinea, the country is positioning itself as a gateway to Central Africa, backed by a stable economy, modern infrastructure, and skilled human capital.

“By hosting this summit, Equatorial Guinea signals its readiness to be a central player in Africa’s single market. We’re offering investors access, security, and infrastructure to thrive in the AfCFTA era,” stated a representative from Invest Equatorial Guinea.

 

As the continent gathers in Malabo, all eyes will be on how African leadership will chart a practical and ambitious path toward a connected, prosperous, and united Africa.

Source: Classfmonline.com/Cecil Mensah