Advocating for a coordinated approach through Africa Continental Institutions for Reforms of the Global Financial Architecture

Event Details

This is the 4th webinar in the webinar series on 'African Advocacy: Connecting national, Regional and Global Advocacy Processes on Debt and Development Finance'. The objective of this session will be to emphasise the need for African agencies by regional institutions like the AU, AfDB, and PAP in global financial discussions to address sustainable and transformative national-level development financing needs and develop a common front in dealing with debt.

Why Engage: Align national debt strategies with continental frameworks promoted by AU, AfDB, and PAP and advocate for a coordinated African approach to dealing with debt and reform of the global financial architecture.

Messaging Balance:

Emphasize the need for African agencies in global financial discussions while addressing local issues.
Mobilise political support for the establishment of AU-led initiatives such as the African Union Monetary Fund, African Central Bank, and African Monetary Institute, African Investment Bank as levers of negotiation on behalf of the continent concerning the cost of financing.
Support the establishment of processes establishing continental institutions e.g. the Abuja declaration.
Enhance collaboration with AfDB for funding local projects.

Menu of Options for Intervention:

AfDB Annual Meetings
AU Specialised Technical Committee meetings
AU Summit