African leaders and development stakeholders have emphasised the need to rethink development financing by strengthening domestic resource mobilisation and deepening cooperation through the Nigeria–Ethiopia Integrated National Financing Framework (INFF) partnership, writes Linus Aleke

Africa’s development challenge is often framed as a shortage of resources. Yet a growing consensus among policymakers and development experts suggests that the continent’s real challenge lies not in the absence of capital, but in its ability to mobilise, align and deploy available resources effectively.

This conviction shaped discussions at the Ethiopia–Nigeria Experience Exchange Visit on the Implementation of the Integrated National Financing Framework (INFF) in Abuja, where stakeholders argued that Africa must rethink how it finances development if it is to achieve sustainable growth and meet the aspirations of its people.

At the heart of the conversation was the belief that domestic resource mobilisation must become the foundation of Africa’s development strategy. Minister of Finance and Coordinating Minister of the Economy, Professor Taiwo Oyedele, stressed that Africa’s future would be determined not by the volume of resources available, but by how effectively they are utilised to advance national priorities.