Algeria's $1M Contribution to Support Good Governance in Africa
Algeria is committed to activating and supporting the African Peer Review Mechanism's role in addressing various challenges, especially consolidating the rule of law, combating corruption, and promoting social justice and human rights, President Abdelmadjid Tebboune said on Friday at the African Union headquarters in Addis Ababa (Ethiopia).
In an address as chair of the 34th Summit of Heads of State and Government of the African Peer Review Mechanism, the President of the Republic said that 'Algeria, as a founding state of this mechanism, is committed to ensuring the activation of its role to address various challenges, especially those related to consolidating the rule of law, combating corruption, and promoting social justice and human rights.'
The President of the Republic explained that these 'challenges require us all to work in a spirit of solidarity and responsibility to overcome the difficulties that limit the mechanism's ability to achieve the lofty goals for which it was established.'
The President of the Republic asserted that today's meeting 'constitutes a fundamental step to enhance the role of the mechanism as an effective framework for promoting governance and continuing work to find sustainable solutions to the challenges facing the countries of the continent,' adding that 'through our collective commitment, we will be able to establish institutions capable of achieving balanced development and ensuring the well-being of the peoples of Africa.'
'our today's presence in this meeting reflects our conviction that the African Peer Review Mechanism is an essential tool for achieving the goals of Agenda 2063,' and that it has become — he added — 'an important mechanism for promoting the culture of good governance and has proven through its experience in recent years that it is not just a formal framework, but an effective tool for reviewing policies and promoting structural reforms that drive stability and development in our African continent.'
After stating that 'this African mechanism is facing a critical financial situation due to the delay of some member states in paying their contributions, which has affected the implementation of its programs and activities,' the President of the Republic called on member states to 'fulfil their financial obligations, whether by settling overdue dues or providing voluntary contributions according to the capabilities of each state.'
In this context and based on Algeria's commitment to supporting the mechanism and enabling it to carry out its tasks, President Tebboune said: 'My country Algeria has decided to make a voluntary contribution of one million US dollars to support the evaluation process and implement the recommendations emanating from this mechanism'.
He added that the African Peer Review Mechanism summit held today includes 'central items', including discussing the 'periodic report on governance in Africa 2025, which will focus on the management of Africa's natural resources, in addition to reviewing the mechanism's strategic plan for the period 2028/2025'.
The President of the Republic stressed that 'Algeria will remain an effective partner in supporting this mechanism and strengthening its position within the African Union', calling on member states to 'unite efforts to achieve common goals'.
Regarding the African Rating Agency, whose establishment was announced, President Abdelmadjid Tebboune considered it to be 'a new building block in the African economy, which will have complete positive effects on African countries,' expressing his pride in the establishment of this agency, confirming the need to 'work together to ensure its credibility.'
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