El-Sisi chairs NEPAD's 42nd Steering Committee session - Foreign Affairs
President Abdel-Fattah El-Sisi chaired the 42nd session of the Steering Committee of Heads of State and Government of the African Union Development Agency (AUDA-NEPAD) via video conference on Monday, reviewing NEPAD's activities in 2024.
Heads of state, government leaders, and representatives from African committee member states participated in the online conference, a statement by the Egyptian presidency read.
The discussions principally focused on the progress of the feasibility study concerning establishing the African Development Fund.
They also discussed the second 10-year plan for the African Development Agenda 2063, which addresses the continent's development challenges, including poverty, unemployment, and declining food, water, and energy security.
Moreover, they reviewed efforts to develop infrastructure, education, and healthcare, create youth jobs, boost intra-African trade, address climate change, and enhance cooperation among African nations.
Egypt assumed the presidency of NEPAD's Steering Committee after Rwanda's President Paul Kagame handed over the two-year presidency.
NEPAD, the African Union's (AU) development arm, was established in 2001 by the leaders of Algeria, Egypt, Nigeria, Senegal, and South Africa to coordinate and fund projects and programmes to achieve the continent's sustainable development goals.
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