22-07-2024 02:20 PM | Source: IANS
African Union calls for continental integration in mid-year coordination meeting
News By Tags | #WorldMarket #Africa

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

The African Union (AU) opened its sixth mid-year coordination meeting in Accra, the capital of Ghana, calling for peace and solidarity in the continent. 

The meeting on the theme of 'Educate and Skill Africa for the 21st Century' brought together the AU, the Regional Economic Communities (RECs), and the AU members, among some others, Xinhua news agency reported.

In his remarks, AU Commission Chairperson Moussa Faki Mahamat stressed the role the African Continental Free Trade Area (AfCFTA) played in promoting integration in the continent.

"The AfCFTA is obliged to become a lever that catalyses structural reforms which, in turn, will facilitate the creation of wealth, through the improvement of economic governance, the mobilisation of financing and human capital," Faki said.

The chairperson further called on African countries to maximise the potential of the AfCFTA to make it an engine of growth and diversification of the economies to increase trade within the continent.

Ghanaian President Nana Addo Dankwa Akufo-Addo, who opened the meeting, said that some regions in Africa are still being plagued by conflict, instability, and violence that hinder development and pose a threat to broader continental security.

The president therefore called on his African counterparts to work hard to find solutions to a myriad of conflicts on the continent.

The AU introduced its mid-year coordination meeting in 2017 as the principal forum to align the work of the AU and RECs and coordinate the implementation of the continental integration agenda.