Financing Africa’s Digital Future: Institutions Push for Smarter, Coordinated FundingADDIS ABABA, Ethiopia, Jul 30 2026 (IPS) - Africa’s digital revolution is gathering pace, but the financing needed to sustain it remains uneven, fragmented, and often out of reach. To bridge this gap, African multilateral financial institutions, policymakers, development partners, and private sector leaders are calling for a more coordinated, innovative, and better-structured financing approach to support Africa’s digital and technological transformation. Established in 2024, the alliance brings together major African financial institutions with a combined balance sheet exceeding $70 billion. Equally important is strengthening collaboration among governments, financial institutions and development partners. For Africa’s digital transformation to deliver on its promise, participants agreed, financing must become more coordinated, more innovative—and more responsive to the continent’s realities.