Windhoek
President Hage Geingob is scheduled to travel to Ethiopia tomorrow to attend the 26th Ordinary Session of the African Union Assembly of Heads of State and Government, which starts on Saturday, the Presidency announced yesterday. This year’s indaba is hosted under the theme: ‘2016: African Year of Human Rights’, with a particular focus on the rights of women.
On Friday Geingob will address the 26th Ordinary Session of the African Union Assembly of Heads of State and Government – CEO Summit.
The investor summit, the African Investor, brings together African business leaders and investors to engage government leaders on investment opportunities and the trade and investment policies required to attract and retain capital into Africa’s growth sectors.
“President Geingob will deliver a statement on Friday, January 29, at the African Heads of State and Government – CEO Investment Summit, on leveraging African resources to finance its development.
“Discussions surrounding the summit are guided by the African Union’s Agenda 2063, a strategic framework for the socio-economic transformation of the continent,” said presidential spokesperson Albertus Aochamub.
According to the statement, during the Friday gathering government and business leaders will deliberate on unlocking public and private capital, essential to the implementation of Africa’s development priorities, as emphasised by the Dakar Agenda for Action of June 2014.
“This is in the context of financing Africa’s infrastructure, and more recently, with the launch of the Continental Business Network, which marks the transition towards a public-private approach to the implementation of Africa’s regional infrastructure development,” he said.
After Geingob’s participation at the African Heads of State and Government – CEO Investment Summit he will attend a meeting of the Committee of Ten of Heads of State and Government of the African Union on the reform of the United Nations Security Council.
President Geingob is also expected to make an intervention on Friday during a meeting of the African Union Peace and Security Council.
Aochamub said Geingob would use the various platforms at the African Union Assembly to mobilise resources for infrastructural development in Namibia as a catalyst in the war on poverty, as a spur to job creation and to transform Namibia into “a gateway to southern Africa”, Aochamub said.