Africa-Press – Angola. The President of Cape Verde, José Maria Neves, defended at the African Union (AU) summit, held in Addis Ababa, Ethiopia, the forgiveness or conversion of African debt, to finance economic recovery on the continent.
In his speech, during the 35th African Union (AU) summit, which ended on Sunday, José Neves considers that Africa alone does not have sufficient means to finance measures to respond to and recover from the economic, pandemic and climate crisis.
Alongside debt forgiveness or conversion, he also defended the need to ensure complementary financing, through other forms and sources of external financing, namely Foreign Direct Investment (FDI), international cooperation and financial assistance. appropriate external.
“I express my concern about the constant threats to peace, security and stability on the continent, especially in the West African region and the Sahel. I am talking specifically about terrorism and the subversion of the established constitutional order, through coups d’etat that have undermined the continent,” he said.
For José Maria das Neves, building resilience in nutrition on the African continent aims to “accelerate human capital and social and economic development”, in fact, the theme chosen for 2022 by the organization of 55 African States, which celebrated this weekend 20 years since it first met at the summit in Durban, South Africa, in July 2002, replacing the Organization of African Unity (OAU), founded on 25 May 1963.
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