NEW: Leaders to pledge support for AU Peace Fund

Online Reporter

In a landmark effort to secure sustainable financing for peace across Africa, leaders, financial institutions and private sector stakeholders will convene to pledge support for the African Union (AU) Peace Fund and explore innovative funding models for African-led peace initiatives.

The high-level meeting, set to take place tomorrow (Saturday), aims to address the pressing need for sustainable peace financing, ensuring that Africa has the resources to prevent and resolve conflicts independently.

The AU Peace Fund, established to support peacekeeping missions and conflict resolution efforts, remains underfunded despite its critical role in maintaining security on the continent.

The upcoming pledging conference will seek commitments from governments, multilateral organisations, and private entities to strengthen the fund’s financial base.

In addition to securing pledges, participants will explore innovative funding mechanisms such as public-private partnerships, impact investment strategies, and leveraging technology for transparent resource mobilisation.

With conflicts and security challenges persisting in various parts of Africa, leaders recognise the urgent need to establish a robust, self-reliant financing framework to reduce dependence on external donors.

The outcomes of the meeting are expected to shape the future of peace financing on the continent, reinforcing Africa’s commitment to home-grown solutions for long-term stability and growth.