AUC Chairperson expressed gratitude to President Teodoro Obiang Nguema Mbasogo for hosting the MYCM in Malabo
At the opening of the 7th AU Mid-Year Coordination Meeting, the Chairperson of the AU Commission, H.E. Mahmoud Ali Youssouf, expressed gratitude to President Teodoro Obiang Nguema Mbasogo for hosting the meeting in Malabo.
He underscored that the Executive Council session is focused on the 2026 AU budget, noting a modest improvement in the AU’s programme budget funding from 9.4% in 2025 to 12.7% in 2026, sourced member states . However, he was concerned that only 17 Member States have implemented the 0.2% import levy agreed under the 2016 Kigali Decision.