World
AU Peace Fund: Forging Partnerships for Sustainable Peace Financing in Africa

By Kestér Kenn Klomegâh
The African Union is reinforcing its efforts to secure sustainable funding for African-led peace initiatives that drive long-term stability and growth.
Recognizing that peace is essential for building resilience and unlocking Africa’s economic potential, a high-level AU delegation led by Deputy Chairperson, Dr. Monique Nsanzabaganwa, engaged with leading global financial institutions, development banks, and prominent peacebuilding organizations at the World Bank Group’s annual meetings in Washington.
In the various discussions led by Dr. Monique Nsanzabaganwa, joined by Steve Patrick Lalande, AU Commission Director for Partnerships and Resource Mobilization, and Dagmawit Moges, Director of the AU Peace Fund Secretariat, the African Union underscored urgency to secure sustainable peace financing as a mechanism to address the root causes of conflict and to accelerate Africa’s development for the realization of Agenda 2063.
In a bilateral meeting, both the African Union and the World Bank Group underscored the need to elevate Africa’s peace agenda within global development strategies. Ayanda Dlodlo, Executive Director at the World bank expressed a strong interest in mobilizing resources for the AU’s priorities through the International Development Association (IDA), enabling regional and continent-wide projects that transcend country-specific approaches.
Both institutions agreed on the importance of involving African finance ministers to align financial strategies with Africa’s peace and development goals. To strengthen governance and accountability, Dr. Nsanzabaganwa invited the World Bank to join the AU Peace Fund’s Independent Evaluation Group, where the Bank’s expertise in impact assessment could enhance the Peace Fund’s transparency and effectiveness.
In a meeting with the African Development Bank (AfDB), President, Dr. Akinwumi Adesina, applauded the AU’s progress on Agenda 2063 and endorsed the Peace Fund’s role in addressing the root causes of conflict. The AU formally invited AfDB to join the Peace Fund’s Independent Evaluation Group to enhance transparency and accountability in peace financing. Together, the AU and AfDB agreed to establish a joint framework for advancing sustainable peace financing initiatives that draw on both public and private sector resources.
In a separate bilateral meeting, Afreximbank President Professor Benedict Oramah expressed continued support for the AU Peace Fund’s enhanced governance structure and committed to nominating a representative to its Independent Evaluation Group. This partnership reinforces Afreximbank’s dedication to promoting a peaceful investment environment across Africa, essential for boosting trade and economic growth.
The African Trade and Investment Development Insurance’s (ATIDI) CEO, Manuel Moses, reaffirmed their commitment to supporting the AU’s mission of conflict prevention and peacebuilding. By aligning ATIDI’s risk management expertise with the Peace Fund’s goals, this partnership aims to create secure environments for businesses, fostering economic resilience in regions prone to instability.
The Peace Fund also engaged with Ecobank Transnational Incorporated, where CEO Jeremy Awori discussed innovative partnership models to scale peace financing across the continent. Leveraging Ecobank’s extensive network, the AU Peace Fund plans to raise awareness and mobilize resources for peace initiatives, engaging the private sector, and multilateral financial institutions to play an active role in Africa’s stability.
With Shelter Afrique Development Bank, the AU Peace Fund explored how housing and infrastructure development can act as foundations for peace. Shelter Afrique CEO and Managing Director, Thierno-Habib Hann, emphasized the role of secure housing in stabilizing communities affected by conflict. Together, they plan to focus on resettling displaced populations and rehabilitating infrastructure in conflict-impacted areas, fostering resilience and social cohesion.
During discussions with the AU Peace Fund, ZEP-RE CEO, Hope Murera, emphasized that peace is essential for creating conditions where businesses can flourish. The meeting explored collaborative initiatives aimed at tackling the root causes of conflict and promoting lasting stability through strengthened economic resilience.
In a series of meetings with U.S.-based peacebuilding organizations—including the Alliance for Peacebuilding, One Earth Future, Humanity United, Saferworld, and the Fund for Peace—the AU Peace Fund discussed opportunities to leverage U.S. philanthropic resources for African-led peace efforts. These organizations expressed a strong interest in supporting the Peace Fund through strategic resource mobilization and advocacy efforts. This collaboration aims to attract U.S. public and private funding for African peace initiatives, enhancing the Peace Fund’s impact on conflict prevention across the continent.
As a key platform for mobilizing resources to support conflict prevention and long-term stability efforts across Africa, the AU Peace Fund is committed to strengthening Africa’s capacity to address peace-related challenges, and create a stable environment where peace drives economic growth, resilience, and prosperity for all Africans.
World
Irvine, Dreaminfluence Accelerate Growth of Africa’s $3bn Creator Economy

Irvine Partners, a leading creative communications agency with offices in Africa and Europe, has signed an exclusive licence with Dreaminfluence as their Africa partner. Dreaminfluence, an all-in-one platform that empowers brands to build and scale influencer marketing has executed 1,000s of influencer campaigns and worked with over 20,000 influencers.
This innovative platform’s digital capabilities will support the content creators who are driving Africa’s rapidly expanding $3.08 billion creator economy. Despite creators on the continent taking advantage of platforms like TikTok, African creators still earn significantly less than their counterparts in other regions, despite producing high-quality content. Furthermore, infrastructure limitations and a digital skills gap hinder the progress of the creator ecosystem.
Monetization should not be out of reach for African creators says Rachel Irvine, CEO of Irvine Partners. She adds that “Dreaminfluence provides digital infrastructure and connects creators to brands, backing their work so they too can unlock opportunities while brands can grow their reach with authentic content that resonates with audiences.”
Dreaminfluence CEO, Mads Wedderkopp, explains “We have worked with many leading brands in the Nordics and are excited to finally bring our platform to Africa through this exclusive partnership with Irvine Partners.”
“The decision to work with Irvine Partners as our Africa partner was a no-brainer, given the roster of clients they serve, and their continental and European footprint.”
Some of the leading brands that use Dreaminfluence for their influencer campaigns are Nivea, L’Occitane, and Estee Lauder Group.
How it works
Dreaminfluence was founded in 2018, to transform influencer marketing from being about affiliate links and discount codes to focusing on actual brand ambassadorship. This vision is translated into the features that Dreaminfluence offers, for both brands and influencers.
These brand features include:
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Discovery of influencers: Brands can find the right influencers for their campaigns, without wasting time on influencer outreach
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Campaign analytics: Track campaign performance, report the value and identify the best-performing influencers
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Building relationships: Influencers move from short-term brand campaigns to long-term brand ambassadorship
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Campaign management: Manage influencer payments, product shipping and secure content usage rights
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Paying multiple influencers at a time with one click
For influencers, the features are:
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Apply to join a brand team or campaign through the app
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Be selected as part of the ambassador team
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Join new campaigns when they are published
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Run all campaign admin including payments, content ideas, and approvals through the app
The Dreaminfluence difference
Irvine Partners is constantly working with influencers across Africa on different campaigns for its clients and Dreaminfluence provides an innovative way to streamline agency relations with leading and emerging content creators on the continent.
Mohale Moloi, Content Director at Irvine Partners explains that “creator marketing studies tell us that more than 50% of brands plan to increase their spending on influencer marketing in 2025. But making sure these campaigns deliver results across the whole marketing funnel requires an in-depth understanding of market nuances, which is what we bring to the table.”
By working with a dynamic platform like Dreaminfluence, Irvine Partners will take influencer campaigns to the next level by combining local insights with a platform that makes everything from campaign selection to payments more efficient.
“We are most excited about the actionable campaign data and high ROI that Dreaminfluence offers,” says Moloi.
World
Cameroonian Diaspora Congress: An Essential Vector for Cameroon’s Influence in Russia

By Louis Gouend
The Cameroonian diaspora in the Russian Federation, although relatively recent, constitutes an essential vector for Cameroon’s influence and the maintenance of strong ties with the nation. In this perspective, and following a fruitful video conference on January 27, 2024, with the Minister of Youth and Civic Education, it was decided to organize, on February 8 and 11, 2025, the first celebration of Youth Day within the Russian diaspora.
This unprecedented initiative, benefiting from the Minister’s valuable support, aimed to consolidate patriotism and the spirit of initiative among Cameroonian youth residing in Russia, by offering a framework for exchange and promotion of Cameroonian cultural wealth. It mobilized Cameroonian students, young professionals, and entrepreneurs established in Russian territory.
The commemoration of the 59th anniversary of Cameroon’s Youth Day took the form of a dual celebration: a physical meeting at the Cameroonian Embassy in Moscow on February 8, 2025, and a virtual meeting on Zoom on February 11, 2025. These events brought together a total of more than 150 participants from over 50 cities in Russia, representing diverse backgrounds, including presidents of Cameroonian associations, members of the Diaspocam executive council, deans, honorary guests, and embassy officials.
The diaspora had the honour of welcoming, via video conference, Mr Mounouna Foutsou, Minister of Youth and Civic Education, whose encouragement and vision were a source of inspiration. The Minister outlined the productive initiatives implemented by the Cameroonian government in favour of its youth in the diaspora in Russia, emphasizing the willingness to support projects led by young entrepreneurs through a specific support mechanism and the operationalization of the guarantee fund.
During his address, the Minister recalled the commitments made during the video conference of January 27, 2024, emphasizing the need for increased collaboration between the government and the youth of the diaspora. He stressed the immense potential represented by this youth and reaffirmed the government’s commitment to addressing their concerns.
Among the initiatives put in place to support the youth of the diaspora, he mentioned:
- The Guarantee Fund for Young Entrepreneurs (FOGAJEUNE), which finances projects in four key sectors (agriculture, digital economy, industry/crafts and technological innovation).
- The special DIALYJ window, designed to promote co-ventures between young people from Cameroon and the diaspora.
- The Program to Aid the Return and Integration of Young People from the Diaspora (PARIJEDI), which facilitates the return and integration of young people in Cameroon.
“We express our deep gratitude to the Cameroonian government and personally to Minister Mounouna Foutsou for their support of our initiative,” said the President of Diaspocam, Louis Gouend. “Thanks to their assistance and the support of the Cameroonian Embassy in Russia, we were able to organize this important event, which has strengthened ties between the diaspora and Cameroon.”
Aware of the positive impact of this first celebration, we hope that this innovative initiative will be included in the calendar of activities of the Ministry of Youth and Civic Education for the years to come.
Diaspocam establishes a legal platform to come together, helps each other, interacts and establishes viable strategic networks and partnerships; presents, shares and expands proven diaspora business models; promotes and assists businesses and investments in Cameroon.
It strengthens a good image of Cameroon in Russia while maintaining close liaison with the Cameroonian and Russian governments and any other representative body pursuing objectives similar to those of the Association. Cameroonian Diaspora in the Russian Federation is a public organization which encourages participation, representation, diversity and cooperation between Cameroon, African diaspora and Russian society.
World
African Union Launches Credit Rating Agency to Rival Fitch, Others

By Adedapo Adesanya
The African Union has announced the launch of its rating agency, the African Credit Rating Agency (AfCRA) to provide accurate ratings for countries on the continent.
According to Kenya’s President, Mr William Ruto, while unveiling the new agency at an AU event held in Addis Ababa, Ethiopia on Friday, AfCRA will address biases by global rating firms.
Global firms like Moody’s, Fitch and Standard & Poor (S&P) are some of the ratings agency which provide insights into African countries to aid investors and stakeholders.
There have been criticisms that these ratings lead to higher borrowing costs for African countries and make it harder for them to access international financial markets.
“Global credit rating agencies have not only dealt us a bad hand, they have also deliberately failed Africa,” Mr Ruto stated during the launch.
“They rely on flawed models, outdated assumptions, and systemic bias, painting an unfair picture of our economies and leading to distorted ratings, exaggerated risks, and unjustifiably high borrowing costs.”
According to President Ruto, improving Africa’s rating by one notch could unlock $15.5 billion in additional funding for the continent, which could help replace a significant portion of official development assistance or be invested in Africa’s infrastructure needs.
Despite Africa’s abundant natural wealth, only two African nations are currently ranked as investment grade.
“It is time for Africa to use the right scale, one that reflects its true weight,” Mr Ruto added.
The African Union has previously criticized global rating agencies’ characterization of African economies. In January, the AU pointed out that Moody’s Ratings’ fluctuating assessment of Kenya’s outlook was flawed.
“As the continent continues its march towards economic integration and resilience, the establishment of the African Credit Rating Agency (AfCRA) represents a pivotal step in asserting Africa’s position on global financial governance.”
The agency aims to provide fair, transparent, and development-focused credit ratings that reflect the realities and potential of African economies.
The idea comes more than a year since the AU officially announced its plans to move forward with the project since September 2023.
The push for an African credit rating agency became viable in 2022 when Senegal’s former president Macky Sall, then the chairman of the AU, called for a new system to “end the injustices” faced by African countries.
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