AUC Chairperson Urges Innovation And Private Capital

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AUC Chairperson Urges Innovation And Private Capital
AUC Chairperson Urges Innovation And Private Capital

Africa-Press – Ethiopia. African Union Commission (AUC) Chairperson Mahmoud Ali Youssouf urged the ninth Tokyo International Conference on African Development (TICAD 9) leaders to boost collaboration and mobilize private investment for sustainable growth across Africa.

Mobilizing private capital for quality infrastructure and innovation sectors remains a promising challenge, according to the Chairperson.

“Together, we can co-create solutions that are not only transformative but also sustainable and inclusive, ensuring that no one is left behind,” he emphasized.

Participants, including government officials, development partners, and leaders from the private sector and civil society, are being urged to commit to a new era of innovation-driven collaboration.

TICAD-9 kicked off today in Yokohama, Japan, bringing together African leaders, international partners, and global institutions under the theme “Co-creating Innovative Solutions with Africa.”

The Summit, being held from August 20–22, is focusing on peace and stability, economic growth, and social development, alongside a series of sideline events addressing critical issues of mutual concern.

Over the next few days, delegates will deliberate on concrete partnerships aimed at strengthening the bonds between Africa, Japan, and other global partners.

The conference seeks to lay the groundwork for a more resilient and prosperous future, with a strong focus on shared progress and mutual benefit.

TICAD is Japan’s premier diplomatic platform for advancing development in Africa, bringing together African leaders, global partners, and multilateral institutions.

First launched in 1993, the summit is held every three years and co-hosted by Japan, the African Union, the United Nations, UNDP, and the World Bank.

The 2025 conference is themed “People, Planet and Prosperity in a Changing World: Co-creating Innovative Solutions with Africa.”

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