Ndayishimiye calls for financing industrial projects at Russia-Africa summit
By the AFREEQUE newsroom, based on Real Equatorial Guinea
In Moscow, Vladimir Putin and Évariste Ndayishimiye advocated Russia-Africa cooperation focused on industrialisation, raw-material processing and financed projects. The African Union chairperson called for partnerships with financing and evaluation mechanisms during the presentation of the summit’s final declaration, according to Real Equatorial Guinea.
Rwandan President Évariste Ndayishimiye called on Russia and Africa to finance industrial projects and establish evaluation mechanisms during the presentation of the final declaration of the third Russia-Africa summit, Real Equatorial Guinea reports. He advocated structured cooperation based on accountable institutions and dedicated financing.
The current chairperson of the African Union notably proposed developing value chains capable of processing raw materials on the continent. This strategy should promote productive investment, economic diversification, regional integration and the strengthening of Africa’s industrial and technological capacities.
The discussions also covered reform of the UN Security Council, Africa’s representation in international financial institutions and predictable financing for peace operations. The cooperation discussed also covers science, education, health, culture, sport, youth, the environment and civilian uses of artificial intelligence.
