Accelerating the Activation of the African Investment Bank to Provide Sustainable Financing for Education Development in Africa (Item proposed by the State of Libya)

Abstract

The African Union Summit in February 17-18, 2024 centered around the theme of 'Education' to tackle the pressing issues confronting the education sector in Africa. Key challenges addressed include inadequate funding, substandard infrastructure, and low education quality across the continent. The summit prioritized securing sustainable financing for educational infrastructure development as a critical step towards improving the state of education in Africa. Financial institutions like the African Investment Bank are poised to play a pivotal role in providing the necessary funding for these initiatives.