African Leaders to Deliberate on Financial Sovereignty, Continent’s Representation on Int’l Stages
Addis Ababa: African leaders during their Summit in Addis Ababa are expected to discuss on ways to liberate the continent from external financial dependency by taping their own potential to accelerate development with a view to averting economic and social challenges in the region.
The 37th Ordinary Session of the Assembly of the Heads of State and Government of the African Union will begin this morning in the Ethiopian capital, Addis Ababa.
During their two days of discussion, the leaders will talk about ways to break the continent’s financial dependence on outside sources by using their own capacity to speed growth in order to prevent social and economic problems in Africa.
In this regard, they will deliberate on the implementation of African Continental Free Trade Area Agreement and future activities.
The member state will also be urged at the summit to facilitate conducive trade environment in their respective nations to expedite the implementation of the agreement which is believed to lift millions A
fricans from poverty and increase the continent’s revenue.
The leaders are also anticipated to exchange views on ways to enable the African continent acquire its proper representation at the global stages particularly in the United Nations Security Council.
The Second Ten-Year Implementation Plan of the AU’s Agenda 2063: ‘The Africa we want’ will also be the highlight of the 37th AU summit.
Agenda 2063 serves as a fifty-year blueprint for Africa’s socio-economic development and integration, adopted by the AU member states after extensive consultations across the continent.
Peace and security is also to on the African Union 37th Summit as it has been one of the challenges affecting the continent’s development.
Several events are being underway on the sidelines of the 37th AU summit focusing on the development of the continent. In this regard, Ethiopia has initiated two big conferences that focus on the role of artificial intelligence to African growth and food sovereignty issues in the continent.
Source
: Ethiopian News Agency