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Mnangagwa wants Africa to change its mindset

by Staff reporter
30 May 2024 at 08:38hrs | Views
President Mnangagwa emphasized the need for a fundamental shift in the mindset of African nations, urging them to transition from being consumers to producers. Speaking at the 59th African Development Bank (AfDB) Annual Meetings, he called for unity among African leaders to challenge the outdated global financial system.

Highlighting the enduring impact of colonialism on Africa's development, President Mnangagwa stressed the importance of moving away from past dependencies and fostering internal collaboration. He cited Zimbabwe's shift towards self-reliance, particularly in the realm of science and technology, as a model for other African nations.

The President emphasized the role of science and technology in driving economic development, noting the importance of producing tangible products and services. He called for greater collaboration among African countries to accelerate modernization and industrialization.

President Mnangagwa underscored the significance of infrastructure development, particularly in enhancing communication and trade networks across the continent. He highlighted the importance of pan-African projects, such as the Inga Dam project in the Democratic Republic of Congo, as examples of collaborative efforts.

Addressing the theme of the AfDB annual meetings, "Africa's Transformation, the African Development Bank Group, and the Reform of the Global Financial Architecture," President Mnangagwa joined other African leaders in demanding reforms to the global financial system. Rwandan President Paul Kagame and Kenyan President William Ruto echoed these sentiments, emphasizing the need for Africa to assert its interests and advocate for reforms that prioritize the continent's needs.

President Mnangagwa stressed the importance of Africa speaking with one voice and advocating for its interests on the global stage. He called for Africa's inclusion in global economic decision-making bodies such as the G20.

The annual meetings brought together African leaders and representatives from multilateral institutions to discuss strategies for advancing Africa's development agenda. As President Mnangagwa returned home, the call for reform and unity among African nations remained central to the discussions.

Source - The Chroncile