Topic Resources
Agenda 2063 is Africa’s development blueprint to achieve inclusive and sustainable socio-economic development over a 50-year period.
Continental Artificial Intelligence Strategy
Promoting Africa’s growth and economic development by championing citizen inclusion and increased cooperation and integration of African states.
Promoting Africa’s growth and economic development by championing citizen inclusion and increased cooperation and integration of African states.
Agenda 2063 is the blueprint and master plan for transforming Africa into the global powerhouse of the future. It is the strategic framework for delivering on Africa’s goal for inclusive and sustainable development and is a concrete manifestation of the pan-African drive for unity, self-determination, freedom, progress and collective prosperity pursued under Pan-Africanism and African Renaissance.
H.E. Mr. Paul Kagame, President of the Republic of Rwanda, was appointed to lead the AU institutional reforms process. He appointed a pan-African committee of experts to review and submit proposals for a system of governance for the AU that would ensure the organisation was better placed to address the challenges facing the continent with the aim of implementing programmes that have the highest impact on Africa’s growth and development so as to deliver on the vision of Agenda 2063.
The AU offers exciting opportunities to get involved in determining continental policies and implementing development programmes that impact the lives of African citizens everywhere. Find out more by visiting the links on right.
What: The Continental Launch of the Smart Finance and Digital Banking Initiative for SMEs, Women and Youth.
When: 05 February 2022 8AM EAT.
Where: The event will be convened in a Hybrid format.
The physical meeting will be at the Small Conference Hall-3, African Union Commission.
The virtual event will be open on this link- https://zoom.us/meeting/register/tJYsd-irrjwtH9VM035poAe7wAB0VBATZQeM
Who: The event will be graced by the presence, and addressed by, among others,
Background information:
The Continental Launch of the Smart Finance and Digital Banking Initiative for SMEs, Women and Youth will be unveiling an important strategic initiative by the AeTrade Group intended to deliver on one of the critical issues identified by SMEs, women and youth entrepreneurs – namely lack of access to affordable finance. In 2017, the AU Commission began the preparation of an SME Strategy, as a framework to support AU member States that have themselves prioritized SME development.
Following the operationalization of the Sokokuu.Africa Pan African Ecommerce Platform, the Smart Finance and Digital Banking Initiative for SMEs, Women and Youth seeks to present an integrated solution to drive job creation across the continent in the Post-COVID-19 era. There is growing recognition of the important role small and medium enterprises (SMEs) play in economic development.
SMEs constitute more than 90% of total business units in Africa. They are often described as efficient and prolific job creators, the seeds of big businesses and the fuel of national economic engines. Even in developed industrial economies, it is SMEs, rather than the multinationals, that provide the largest amount of employment. The Smart Finance and Digital Banking Initiative was lauded at the African Union STC Finance, Monetary Affairs, Economic Planning and Integration and the Central Bank Governors at their Extraordinary Session in December 2021. The Regional Economic Communities, African Business Councils, development finance institutions, Young women and youth and others international organizations will also be in attendance at the event.
For further information, please contact:
Doreen Apollos | Information and Communication Directorate | African Union Commission | Tel: +251 115 517 700 | E-mail: ApollosD@africa-union.org l | Addis Ababa, Ethiopia.
Meaza Tezera , Department of Economic Development, Trade , Industry and Mining | African Union Commission | E-mail: Meazat@africa-union,org | www.au.int|Addis Ababa | Ethiopia
Directorate of Information and Communication | African Union Commission, E-mail: DIC@african-union.org I Website: www.au.africa I Addis Ababa | Ethiopia Follow Us: Facebook | Twitter | LinkedIn | Instagram | YouTube
Agenda 2063 is Africa’s development blueprint to achieve inclusive and sustainable socio-economic development over a 50-year period.
Continental Artificial Intelligence Strategy