Latest news with #MYCM


Al-Ahram Weekly
2 days ago
- Business
- Al-Ahram Weekly
El-Sisi, Angolan president discuss consolidating Africa stability on AU summit sidelines - Foreign Affairs
Egyptian President Abdel-Fattah El-Sisi and his Angolan counterpart, João Lourenço, discussed on Sunday ways to consolidate the foundations of peace, security, and stability across the African continent. According to the Egyptian presidency, the discussions between both presidents took place on the sidelines of the African Union's (AU) Seventh Mid-Year Coordination Meeting (MYCM) in Malabo, Equatorial Guinea. During the talks, El-Sisi and Lourenço discussed several regional issues of mutual interest, particularly the situation in the Horn of Africa, Sudan, the Sahel, and the Nile Basin. President El-Sisi commended Angola's current presidency of the AU and its commitment to further strengthening joint African action across various sectors. For his part, President Lourenço praised Egypt's central and historic role in supporting the African continent and its devoted cooperation with the AU member states. Both leaders also explored opportunities to strengthen bilateral ties and cooperation in various fields. The trade volume between Egypt and Angola reached $34.2 million in 2024, up from $21.3 million in 2023, according to Egypt's Central Agency for Public Mobilisation and Statistics (CAPMAS). Egyptian exports to Angola reached approximately $34.1 million in 2024, compared to $21.3 million in 2023, while Angolan exports to Egypt increased from $21,000 in 2023 to $73,000 in 2024. On Saturday, President El-Sisi arrived in Malabo to attend the MYCM, taking place under the AU's 2025 theme 'Justice for Africans and People of African Descent through Reparations.' The AU's summit, taking place on 10-13 July, brings together African leaders and heads of state to coordinate joint work between the AU and regional economic communities. The event aims to align efforts on economic integration and follow up on the progress in implementing the AU's 2025 vision and the African Continental Free Trade Area (AfCFTA). It also aims to address peace and security challenges in Africa and foster unity, cooperation, and self-reliance to achieve development and stability amid global and regional shifts. Follow us on: Facebook Instagram Whatsapp Short link:


Daily News Egypt
3 days ago
- Politics
- Daily News Egypt
Al-Sisi attends high-level African summit to strengthen continental coordination, regional integration
Egyptian President Abdel Fattah Al-Sisi has arrived in Malabo, the capital of Equatorial Guinea, to take part in the 7th Mid-Year Coordination Meeting (MYCM) of the African Union (AU) — a key platform for advancing regional integration and aligning continental strategies. Presidential spokesperson Mohamed El-Shinawy stated that President Al-Sisi is participating in the summit in his capacity as Chair of the North Africa Regional Mechanism and Chairperson of the Heads of State and Government Orientation Committee of the African Union Development Agency (AUDA-NEPAD). During the meeting, President Al-Sisi is expected to outline Egypt's efforts to strengthen the effectiveness of these mechanisms, with a particular focus on linking peace and security initiatives to broader development goals aimed at achieving sustainable stability across Africa. The MYCM, established in 2017 to replace the AU's traditional mid-year summits, convenes a select group of African leaders, including the Chairpersons of Regional Economic Communities (RECs), AU Commissioners, and heads of regional mechanisms. Its primary aim is to coordinate and harmonise the work of the AU and RECs to accelerate the implementation of the AU's Agenda 2063 — the continent's strategic framework for inclusive growth and sustainable development. In line with AU protocols, the MYCM performs several critical functions: reviewing the current state of continental integration; coordinating the division of labour between the AU, member states, RECs, and other regional mechanisms; and aligning policies across various sectors. The meeting also serves to identify areas of cooperation, establish mechanisms for collaboration at regional and continental levels, and assess progress in implementing AU decisions and legal frameworks related to inter-institutional relations. On the sidelines of the summit, President Al-Sisi is also scheduled to hold bilateral talks with several African heads of state. These meetings will focus on addressing pressing challenges confronting the continent and exploring avenues to enhance political and economic stability in pursuit of shared development aspirations. Egypt's participation in the summit comes at a pivotal time, as Africa navigates a complex landscape marked by climate change, armed conflicts, food insecurity, and demographic pressures — all against the backdrop of ongoing efforts to deepen continental unity and advance regional cooperation.

Zawya
6 days ago
- Politics
- Zawya
H.E. President Teodoro Obiang Nguema Mbasogo of Equatorial Guinea today received H.E. Mahmoud Ali Youssouf, African Union Commission (AUC) Chairperson & his accompanying delegation
H.E. President Teodoro Obiang Nguema Mbasogo of Equatorial Guinea today received H.E. Mahmoud Ali Youssouf, Chairperson of the @_AfricanUnion Commission&his accompanying delegation that included Deputy Chairperson @DCP_Haddadi&Chief of Staff @souefmo_elamine at the State House in Malabo, ahead of the 7th Mid-Year Coordination Meeting (MYCM) of the AU, RECs,&RMs, scheduled for 10–13 July 2025. The Chairperson expressed appreciation to President Obiang for the warm welcome graciously hosting the Meeting&for his continued support for the work of the Union. President Obiang reaffirmed his Government's full readiness to host the MYCM. Convened under the auspices of the AU Commission&the Government of Equatorial Guinea, the Meeting will bring together the AU Bureau, Heads of RECs, senior AUC officials, AU specialized bodies, and institutional partners to advance continental coordination and integration. Distributed by APO Group on behalf of African Union (AU).