Ver Angola

Economy

African Union president defends the continent's place in the G20 for being in the top 10 of the world economy

The acting president of the African Union, Macky Sall, said this Wednesday, in Luanda, that Africa should have a place in the G20, “not by fantasy”, but because the continent is “between the 5th and 8th world economy”.

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"As we already pointed out in the last African consensus that we had, we also ask for a place for Africa in the G20. It is not a fantasy, the African economy represents more than 2.6 billion dollars of GDP (Gross Domestic Product)", said this Wednesday the also President of the Republic of Senegal.

According to Macky Sall, Africa "can be between the 5th and 8th world economy and, therefore, in these meetings of great world politics, Africa cannot be a guest, Africa has to participate as a full member".

For the Senegalese official, who was speaking this Wednesday, at the presidential palace, in Luanda, as part of his first day of official visit to Angola, the African continent has "enormous challenges to overcome".

"In the area of ​​resilience and the relaunch of our economies, we have seen little progress in the G20 initiative on debt suspension, little progress also in the reallocation of special print runs", he stressed.

Macky Sall stressed that the situation represents "additional obstacles to access to credit in good conditions for African countries".

"That is why I launched the idea of ​​a pan-African (financial) annotation agency and it is not important to simply create this agency, but there must also be a great deal of collaboration with our internal agencies", he argued, reiterating the need for Africa to have a place in the G20

"This is a challenge where we have to raise our voices more and more, we really have to have strong African voices to denounce these injustices".

"And we also take our advocacy at the level of these institutions, so Mr President (João Lourenço) we also need your voice for Africa. OECD and the G7 next June", he exhorted, addressing his Angolan counterpart.

The African Union president also said that he hopes to count on João Lourenço to "take and amplify our messages as a member of the African Union bureau".

On the conflict in Ukraine, Macky Sall considered that it "seriously threatens our countries with basic necessities and also with rising prices".

"As we said during our meeting, it is very important that Africa continues to demand an end to hostilities and also continues to remain neutral in this war, not entering into conflicts involving the west and the east", he concluded.

Macky Sall also addressed the Angolan parliament this Wednesday, which held a solemn session in his honor.

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