President John Mahama has advocated for the African Union’s (AU) financial independence.
This, the President underscored was necessary to ensure that the Continental body was free from overreliance on external funding.
President Mahama appealed in his address at the opening of the special meeting of the AU’s Heads of State and Governments in Nairobi, Kenya.
Kenyan President William Ruto is chairing the two-day as the Chair of the AU Institutional Reforms.
The Nairobi meeting is expected to provide a roadmap for the acceleration of radical changes in AU.
President Mahama said implementing the Kigali decision on financing the union must be expedited.
The Kigali Decision on Financing the Union is a decision made by the AU in July 2016 to establish a levy on imported goods to fund the AU.
He also advocated for principles on how AU member states conduct their affairs, ensuring that their policies and programmes translate into real change for their people; saying “We must adopt a mechanism that prioritises accountability, transparency and value for money, ensuring that every resource is maximised for the benefit of the African people”.
President Mahama said one of the pillars of reforms was the AU’s financial autonomy, the over-reliance on external partners for funding compromises the organisation’s independence for funding and ability to set its own agenda.
He called for empowering youth and women in leadership roles at all levels of governance.
“Africa’s future lies in its youth, and over 60 per cent of our population is under the age of 25. Yet, their voices are largely absent in policymaking,” President Mahama said.
“We must institutionalize frameworks that empower our young people and women to lead at all levels of governance.”
Latest Stories
-
Biden diagnosed with ‘aggressive form’ of prostate cancer
10 minutes -
‘We are unsatisfied and upset’ – Arteta on Arsenal season
16 minutes -
T-bills auction: Government fails to meet target for 3rd consecutive week; interest rates tumble
17 minutes -
Lamine Yamal scores by Villareal upset Barca to claim top-five spot
21 minutes -
Ghana’s economy to expand by 5.6% in quarter 2, 2025 – Report
22 minutes -
Real Madrid leave it late to beat nine-man Savilla
25 minutes -
Alcaraz ends Sinner’s streak to win Italian Open
31 minutes -
Marijuana-infused Kings Orange Flavoured Liqueur and Jupiter 1990 are unsafe for consumption – FDA warns
40 minutes -
Internet data cost: No one has power to revise tariffs except Finance Minister – Sam George
1 hour -
Sunday power cuts due to heavy rainstorm – ECG
2 hours -
Flooding on Pokuase–Amasaman road leaves commuters stranded
2 hours -
Prof Kwesi Yankah writes: Dollar boys in town
3 hours -
Prosecute Akonta Mining immediately – Coalition against galamsey tells government
3 hours -
2024/25 GPL: Mawuli Wayo secures maximum points for Hearts at Berekum Chelsea
3 hours -
GPL: Kwame Opoku scores twice as Asante Kotoko thrash Dreams FC
4 hours