Africa-Press – Angola. The Minister of State for Economic Coordination, Manuel Nunes Júnior, challenged, Friday, in Niamey, Niger, the African leaders to transform the “immense” natural resources of the continent into real wealth, with a view to solving the social and economic problems of the populations.
Manuel Nunes Júnior made the challenge at the 17th Extraordinary Summit of Heads of State and Government of the African Union on Industrialization and Economic Diversification and the Extraordinary Session on the African Continental Free Economic Zone, in which he represented the President of the Republic, João Lourenço.
“Our continent must stop being seen as a potentially rich continent. We will have to be capable of transforming the immense natural wealth of our countries into real wealth for our peoples”, declared the Minister of State at the Summit, which took place within the ambit of of the celebrations of the African Industrialization Week, which took place on the 20th of this month.
The minister spoke of the Angolan Executive’s commitment to the implementation of the national agenda of industrialization and economic diversification, based on agribusiness and the adoption of policies for the creation of an increasingly favorable business environment to attract national and foreign investors and to creation of Special Economic Zones, in order to make the country’s economy more efficient.
The Angolan delegation to the event included the Minister of Industry and Commerce, Victor Fernandes, the Secretary of State for Foreign Affairs, Esmeralda Mendonça, and the Angolan ambassadors to Ethiopia and Nigeria, Niger and Benin, Francisco da Cruz and Eustáquio Quibato.
The event, which took place under the theme “Industrializing Africa: Renewed Commitments for Inclusive and Sustainable Industrialization and Economic Diversification”, was preceded by meetings of the Executive Council, on Wednesday, and of the Committee of Permanent Representatives, on the 10th of this month.
The summit aimed, among other objectives, to renew Africa’s commitments to industrialization, as one of the central pillars to achieve the continent’s economic growth and development objectives, to boost structural transformation, built around the use of rich and diversified resources Africa’s natural resources, in the face of current advances in technology, continental and global geopolitical trends, including the emergence of trade and services.
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