Public Presentation on Africa’s Financing Stability Mechanism and of the Strategic Framework on Key Actions to Achieve Inclusive Growth and Sustainable Development in Africa (IGS)

Event

Feb 15, 2025 - 14:30 - Feb 15, 2025 - 15:30

MEDIA ADVISORY

Public Presentation on Africa’s Financing Stability Mechanism and of the Strategic Framework on Key Actions to Achieve Inclusive Growth and Sustainable Development in Africa (IGS)

INVITATION TO THE REPRESENTATIVES OF THE MEDIA

WHAT: The African Union, in collaboration with the African Development Bank (AfDB), is pleased to invite Member States and the media to the public presentation of two reports:

Africa Financing Stability Mechanism (AFSM) – it provides concessional refinancing, reducing default risks.
Launch of the Strategic Framework on Key Actions to Achieve Inclusive Growth and Sustainable Development in Africa (IGS) - a roadmap for fostering equitable and sustainable development.

WHEN: 15 February 2025
WHERE: Medium Conference Hall, AU HQ, Addis Ababa, Ethiopia

TIME: 14:30 – 15:30 hrs

Speakers include:

H.E Moussa Faki MAHAMAT, Chairperson, African Union Commission
Dr. Akinwumi A. ADESINA, President, African Development Bank Group
H.E. Hakainde HICHILEMA, President, Republic of Zambia
William RUTO, President, Republic of Kenya
H.E Samia Suluhu HASSAN, President, United Republic of Tanzania
H.E. Bola Ahmed TINUBU, President, Federal Republic of Nigeria
H.E Cyril RAMAPHOSA, President, Republic of South Africa
H.E Patrice TALON, President, Republic of Benin
Mr. Aziz AKHANNOUCH, Prime Minister, Kingdom of Morocco
H.E. John MAHAMA, President, Republic of Ghana
H.E Netumbo NANDI-NDAITWAH, President, Republic of Namibia
Mr. Azali ASSOUMANI, President of Comoros
Mr. Umaro Sissoco EMBALÓ, President Guinea-Bissau
Mr. Teodoro Obiang NGUEMA, President of Equatorial Guinea
Mr. Emmerson MNANGAGWA, President of Zimbabwe
Mr. Daniel CHAPO, President of Mozambique
Mr. Abiy AHMED, Prime Minister of Ethiopia
Mr. Alassane OUATTARA, President of the Republic of Ivory Coast
H.E. Ambassador Albert MUCHANGA, Commissioner for Economic Development, Trade, Tourism, Industry, and Minerals
Prof. Kevin URAMA, Chief Economist & Vice President, African Development Bank Group
Nardos BEKELE-THOMAS, CEO, African Union Development Agency-NEPAD

The reports are key to advancing Africa’s development agenda, aligning with the African Union’s Agenda 2063 and the Sustainable Development Goals (SDGs). They provide actionable pathways for addressing financial challenges, reducing inequality, and promoting sustainable economic growth.

Members of the press are invited to cover the event and engage with high-level speakers and stakeholders.

For more information contact

Janet Faith Adhiambo Ochieng | Information and Communication. Directorate | African Union Commission | E-mail: Ochiengj@Africa-union.org

Media Advisory

Event Documents

Media Advisory

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Event Images

AUC

38th AU Summit

Ethiopia

Agenda 2063

Flagship Projects

Integrated High Speed Train Network

Connecting African capitals and commercial centers through a High-Speed Train Network; facilitating the movement of goods, factor services and people as well as reducing transport costs and relieving congestion of current and future systems through increased rail connectivity.

African Commodities Strategy

Transforming Africa from a raw materials supplier by enabling countries to add value, extract higher rents from commodities, integrate into global value chains promote diversification anchored in value addition and local content development.

African Continental Free Trade Area (AfCFTA)

Accelerating intra-African trade and boosting Africa’s trading position in the global market by strengthening Africa’s common voice and policy space in global trade negotiations.

The African Passport & Free Movement of People

Removing restrictions on Africans’ ability to travel, work and live within their own continent by transforming restrictive laws and promoting visa free travel to enhance movement of all African citizens in all African countries.

Silencing the Guns by 2020

Ending all wars, civil conflicts, gender-based violence, violent conflicts and preventing genocide in the continent by 2020.

The Grand Inga Dam Project

Generating an estimated 43,200MW of power to support current regional power pools and their combined service to transform Africa from traditional to modern sources of energy and ensure access to clean and affordable electricity.

Single African Air-Transport Market

Promoting intra-regional connectivity between the capital cities of Africa by creating a single unified air transport market in Africa, as an impetus to the continent’s economic integration and growth agenda.

African Economic Forum

Multi-stakeholder meeting bringing together the Africa’s policy makers, private sector, academia and civil society to reflect on accelerating Africa’s socio- economic development and transformation by harnessing its vast resources.

African Financial Institutions

Accelerating integration and economic development through the establishment of organisations which will play a pivotal role in the mobilization of resources and management of the African financial sector.

The Pan African e-Network

Transforming Africa into an e-Society by implementing policies and strategies that lead to transformative e-applications and services in Africa such as broad band terrestrial infrastructure, cyber security and revolutionary bio and nanotechnology industries.

Africa Outer Space Strategy

Strengthening Africa’s use of outer space to bolster development in critical sectors such as agriculture, disaster management, remote sensing, climate forecast, banking and finance, defense and security.

African Virtual & e-University

Using ICT based programmes to increase access to tertiary and continuing education in Africa by reaching large numbers of students and professionals in multiple sites simultaneously.

Cyber Security

Incorporating emerging technologies in Africa’s development plans and ensuring these technologies are used for the benefit of African individuals, institutions and nation states by ensuring data protection and safety online.

Great African Museum

Preserving and promoting African cultural heritage by creating awareness of Africa’s vast, dynamic and diverse cultural artefacts and Africa’s continuing influence on world cultures in art, music, language, science, and so on.

Encyclopaedia Africana

Provide an authoritative resource on the authentic history of Africa and African life.

NOW

Event Documents

Event References

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Agenda 2063

Key Resources