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Their deliberations focused on finalizing a Memorandum of Understanding (MoU) with clear priorities, governance arrangements & timelines, aligned with the AU’s integration agenda.
The Chairperson underscored the importance of reshaping global investor perceptions of Africa, strengthening macroeconomic stability & mobilizing the continent’s vast domestic resources, including pension funds, equity & private capital, to finance Africa’s development priorities.
He emphasised that Africa must move beyond exporting raw commodities to capture greater value through local processing, industrialisation & stronger intra-African trade. He also called for addressing unilateral regulatory measures & standards that risk constraining African exports, particularly value-added products, & for strengthening Africa’s voice in global economic governance, including the G20 & the reform of the international financial architecture.
They both highlighted opportunities for cooperation in trade facilitation, digital transformation, investment, data-driven policymaking & the sharing of international best practices. They also stressed that infrastructure investments must be accompanied by policies that promote connectivity, mobility & effective utilisation to generate sustainable economic returns.
The Mr. Ružička assured of the Organisation’s commitment to evidence-based policymaking, stronger engagement with African institutions & structured cooperation to help improve investment conditions, facilitate market access & mobilise private capital. He welcomed the launch of the Africa Credit Agency.
The Chairperson emphasised the importance of a forward-looking partnership grounded in mutual trust, African priorities & practical outcomes, supporting regional integration, economic resilience & sustainable development across the continent.
Distributed by APO Group on behalf of African Union (AU).
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