As part of the consultations on the New African Financial Architecture (NAFA), launched in November 2025, the President of the African Development Bank Group, Dr. Sidi Ould Tah, met with leaders of major African legal, audit, and accounting firms. The aim of these consultations is to strengthen synergies between the public and private sectors to build a stronger and more integrated African financial architecture.

NAFA is based on the Bank Group’s four cardinal points: unlocking African capital potential, reinforcing the continent’s financial sovereignty, turning Africa’s demographics into an economic dividend, and building resilient infrastructure. These pillars form the foundation of a strategy to mobilize the resources needed to finance the continent’s development while reducing dependence on external capital.

Since its launch, NAFA has led to a series of high-level consultations involving over 50 African financial institutions and private partners, as well as regional economic communities and regional development institutions. Discussions focus on coordinating flagship projects, harmonizing financial instruments, and mobilizing African capital to support economic growth and resilience.

The recent meeting with leaders from the legal and financial advisory sectors is part of this effort to strengthen the continent’s technical and strategic expertise. According to the African Development Bank, involving these experts helps ensure better governance, transparency, and efficiency in implementing the new financial architecture.

Through these initiatives, the African Development Bank Group aims to create a pan-African financial coordination platform capable of integrating the public and private sectors and sustainably supporting Africa’s development agenda.