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Leaders' Breakfast in Malabo: Africa discusses its economic integration and regional mobility
Leaders' Breakfast in Malabo: Africa discusses its economic integration and regional mobility

See - Sada Elbalad

time18-06-2025

  • Business
  • See - Sada Elbalad

Leaders' Breakfast in Malabo: Africa discusses its economic integration and regional mobility

Yara Sameh The African continent turns its attention to Equatorial Guinea. On Sunday, July 13, under the patronage of H.E. Teodoro Obiang Nguema Mbasogo, the Malabo Leaders' Breakfast will be held, a high-level meeting also organised by the Africa Prosperity Network (APN) and Invest Equatorial Guinea, in collaboration with the Secretariat of the African Continental Free Trade Area (AfCFTA). The event, which precedes the 7th African Union Mid-Year Coordination Meeting, will bring together Heads of State, AU Commissioners, leaders of the Regional Economic Communities (RECs), global financial leaders, and strategic stakeholders from the continent, with a common goal: to break down the barriers that impede the free movement of people, goods, and services in Africa. A clear agenda: connecting Africa from Africa The main theme of the breakfast will be "Financing and facilitating the movement of people, goods, and services in Africa," seeking to generate real proposals to accelerate continental integration. Under the theme "Financing and Facilitating the Movement of People, Goods, and Services Across Africa," the event will address the challenges that still hinder continental integration, such as insufficient cross-border infrastructure and regulatory restrictions affecting the mobility of people and goods. "Malabo takes us from diagnosis to practice. We will translate commitments into concrete financing and implementation of policies for free movement, starting with the Dollar a Day Fund," said Sidig El Toum, executive director of APN. A simple idea, a continental impact One of the key highlights will be the launch of the Integrated Infrastructure Growth Fund for Africa, an initiative championed by H.E. Dr. Nkosazana Dlamini Zuma during the Africa Prosperity Dialogues 2025, whose leadership of the AU Commission launched Agenda 2063. The proposal invites the African middle class to contribute as little as $1 a day, with the goal of generating more than $20 billion annually to finance roads, digital networks, airports, bridges, and other strategic projects that connect people and markets. With the participation of just 50 million African citizens, the initiative would accelerate key continental connectivity projects. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean News 3 Killed in Shooting Attack in Thailand

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