AU Summit - Strengthening Regional Integration Through Shared Values

26 January 2011
Content from a Premium Partner
African Development Bank (Abidjan)
press release

The African Development Bank (AfDB) will participate in the 16th African Union (AU) heads of state and government summit, scheduled from 30-31 January 2011 in Addis Ababa, Ethiopia, on the theme, "Towards greater unity and integration through shared values".

The Bank's delegation, led by President Donald Kaberuka, will take part in parallel deliberations on economic and development-related issues. These include climate change, governance, regional integration, institutional capacity building (fragile states), and regional infrastructure development, which are among the Bank's core mandate, and reflect the "shared values" of the AU's summit theme.

In December 2010, the AfDB, supported by African leaders at the Conference on Climate Change in Cancun, Mexico, stressed the importance of setting up an African Green Fund to help finance climate change impact-mitigation activities on the continent.

Mr Kaberuka and his delegation will also use the opportunity to share, among others, perspectives on pertinent African development challenges notably, the prevailing global economic situation and its impact on African economies.

The AfDB collaborates with the AU and the UN Economic Commission for Africa (UNECA) in promoting strategic development initiatives such as the New Partnership for Africa's Development (NEPAD), where it serves as lead agency for infrastructure development, banking and financial standards

Key aspects of the Bank's support include the design of the Africa Peer Review Mechanism (APRM), the preparation of NEPAD's Short Term Action Plan (STAP) and the Program for Infrastructure Development in Africa (PIDA).

Some 34 heads of state and government are among 4,000 delegates including representatives of international organisation, development agencies and civil society organisation, expected to participate in the summit.

A number of other meetings will take place on the sidelines, in addition to numerous bilateral discussions.

These include the 24th NEPAD summit as well as its steering committee meetings, the Heads of State and Government Orientation Committee (HSGOC) deliberations, and the Committee of Ten Heads of State on United Nations Reform meeting.

Contacts

Felix Njoku

Read the original article on African Development Bank (AfDB).

Tagged:
Copyright © 2011 African Development Bank. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.