EU‑Africa Dialogue Urges Coalitions To Bridge Funding Gaps

African Union leaders called for stronger continental coalitions during a high‑level dialogue in Accra to tackle development finance gaps. They stressed the need to mobilize domestic resources and regional fiscal integration. The AU argued that reliance on external donors limits ownership of infrastructure projects. A coordinated approach could attract more private and multilateral funding. The appeal coincides with rising pressure from austerity and global rate uncertainty.