The new financial institution is intended to support large-scale development initiatives and boost economic self-reliance in the region.
Burkina Faso’s minister of economy, finance and planning announced that the establishment process had been completed with an initial capital of about $895 million, following a meeting of finance ministers from the three AES member states.
The creation of the bank follows plans unveiled in May 2025, when the alliance signalled its intention to set up a regional investment mechanism to fund strategic projects and reduce dependence on external financing.
Officials said the bank will focus on infrastructure and priority economic sectors, forming part of broader efforts by the three governments to deepen cooperation and strengthen financial sovereignty.