22 Hrs
Source:
الجمهورية
President's NEPAD summit speech in Egypt
The speech by President Abdelmadjid Tebboune during the Summit of the Founding Countries of the Partnership for African Development (NEPAD) focused on reviewing the quarter-century journey since the initiative's launch in 1996 and looking forward to a new phase that demands implementing larger and more impactful projects. He affirmed that the initiative has successfully strengthened African integration and self-financing but noted gaps between aspirations and on-the-ground results. He called for moving from planning to execution through large-scale projects and programs, emphasizing the importance of mobilizing financial resources and achieving tangible results that improve the lives of African citizens. He also underscored the need to update project financing mechanisms, enhance the role of the private sector, build the capacities of the African Development Agency, and achieve economic integration through projects such as roads, railways, fiber optics, and gas pipelines. Additionally, he urged for the safeguarding of financial sovereignty, the fight against debt burdens in African countries, and sustainable development through genuine collective and African-led cooperation.
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