Africa's economic transformation requires diversifying the economy through accessible technology training, affordable capital, and balanced global partnerships, with security as a priority to enable investment, positioning the continent as a future powerhouse of global growth.
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Listen to AU Chairperson Mahamoud Ali Youssouf Brief Remarks during Africa Forward SummitAdded:
I had the chance to mention of these assets into advantages. Diversifying Diversifying our economy, this is part of the the recipe for success.
Excellencies, ladies and gentlemen, it is possible to open a technology at a low cost, to train young people and our women.
Energy will be the main the the the major factor.
Com- The competitiveness of competitiveness of our economy will require affordable capital.
It is estimated that 600 and 90 billion dollars with 80 billion of illicit 80 billion of illicit financial flows and 115 billion in annual additional costs.
more balanced partnerships and the cost of uh development of fundamental principles of global governance. Africa stands ready to take on greater responsibility on the international stage and in particular in the global south. Excellencies, ladies and gentlemen, peace and stability are an important challenge on the continent.
Security must no longer be an obstacle to investment on our continent. It is therefore imperative to ensure uh that we do this without hesitation. The African Union Commission has made this an absolute priority.
has become irrelevant when I listened to our presidents here, in particular President uh uh Ruto, he touched upon all the issues I wanted to raise, but let me conclude my very brief remark by saying this.
The future is for the African continent.
The African continent will be the powerhouse of global growth. So, let us work together. Let us put our energies together and move [applause] forward, and I thank you.
>> Your excellencies, please allow me to briefly highlight the high-level round table discussions that will continue throughout the day.
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