The report by President Paul Kagame regarding the AU reform process is a major agenda item during the 29th AU summit to be held on 3‐4 July 2017 in Addis Ababa, Ethiopia. The financing of the AU including peace and security is at the heart of the reform agenda. An aspect of the financing of the Union attracting interest is the initiative on securing predictable and sustainable financing for peace in Africa, led by former African Development Bank President Dr Donald Kaberuka.