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AFRICAN UNION UNION AFRICAINE UNIÃO AFRICANA UMOJA WA AFRIKA UNIÓN AFRICANA

6 Nov 2024

Muchanga Commissioner for Economic Development Trade Tourism Industry and Minerals At the Fiftneeth African Union Private Sector Forum Held in Lusaka Zambia On 31st October 2024 1 Honorable Chipoka Mulenga, MP, Minister of Commerce, Trade and Industry of the Republic of Zambia President of the African Business Council Commercial Counsellor, Embassy of Turkiye Members of the Private Sector and othe. [...] We record our immense gratitude to the people and government of the Republic of Zambia for the warm welcome and hospitality accorded to us since our arrival. [...] The strategic framework is anchored on achieving and sustaining growth rates of 7- 10% per annum in the next thirty to fifty years and raising investments to 40% of the Gross Domestic Product of each African country. [...] 3 Since we need capital to induce high levels of growth and high levels of growth are required to attract capital, the task at hand is create the right conditions for the investible wealth of Africans to be translated into investments as well as make it possible for the Africans who moved out of the continent with their capital to come back and invest it in the continent. [...] Your work has been made easy in the sense that I have talked to the President and Chairman of the Board of Directors of the African Export Import Bank over this issue and he and his team are willing to assist in organizing this dialogue on the margins of the 2025 Assembly of African Union Heads of State and Government.

Authors

H.E Albert M. Muchanga

Pages
6
Published in
Ethiopia

Table of Contents