President Abdel Fattah El-Sisi laid out Egypt’s five priorities of its presidency of New Partnership for Africa's Development’s (NEPAD) steering committee during the Fifth Mid-Year Coordination Meeting of the African Union on Sunday.
Egypt presides the Steering Committee of NEPAD in 2023-2024 during a very delicate situation internationally and regionally on the political and economic levels, Sisi said.
The situation requires concerted efforts to continue the development trajectory of our African nations.
Sisi lauded NEPAD’s launching of 100,000 small and medium companies to support these companies to integrate into cross-border trade.
He also praised the launching of Revitalize Africa initiative to build the capacities of African youth in the area of entrepreneurship.
Sisi called on the NEPAD Secretariat to coordinate in this framework with the Commissioner for Peace, Security and Affairs the African Union Political Center, and the African Union Center for Post-Conflict Reconstruction and Development hosted by Egypt.
He also called for the adoption of the NEPAD Secretariat’s proposal to launch the “Africa Resource Mobilization Team” initiative to identify the financing needs of the African continent.
Source: Egypt Today
