Kagame attends Africa CEO Forum, urges African leaders towards self reliance
Rwanda’s President Paul Kagame has exuded confidence in African countries advancing homegrown solutions that can attract regional investments in the wake of dwindling aid financing on the continent. The President urged for nations to be more self-reliant which was echoed by South Africa’s President Cyril Ramaphosa when the two leaders spoke at the ongoing Africa CEO Forum in Abidjan, Ivory Coast. The two leaders also disclosed that significant progress was being made on ending the conflict in the Eastern DRC.
Mon, 12 May 2025 14:39:58 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- President Kagame and President Ramaphosa advocate for African countries to prioritize self-reliance and internal capabilities to attract regional investments amidst declining aid financing.
- The leaders emphasize the importance of reducing dependence on external partnerships and focusing on defining internal development paths to address historical challenges independently.
- President Ramaphosa highlights the progress made in peace processes in conflict areas such as the eastern DRC, emphasizing the principle of 'African solutions for African problems' in achieving long-term peace and stability on the continent.
Rwanda’s President Paul Kagame and South Africa’s President Cyril Ramaphosa have expressed a strong belief in African nations developing homegrown solutions to attract regional investments amidst a decline in aid financing across the continent. The leaders made these remarks during the Africa CEO Forum in Abidjan, Ivory Coast, where they emphasized the importance of self-reliance for the progress and stability of African countries. President Kagame highlighted the need for nations to reduce their dependence on external partners and focus on building strong internal capabilities. He noted that historical events have shown the importance of addressing issues independently and not solely relying on external support. President Kagame emphasized the significance of initiatives such as the peace and security facility established by the African Union to reduce reliance on external funders and work towards sustainable solutions. He pointed out that while partnerships with external entities can be beneficial, African nations need to define their own development paths and not rely entirely on external contributions. President Ramaphosa echoed President Kagame’s sentiments, emphasizing the ongoing efforts to achieve peace and stability on the continent, particularly in the conflict-ridden eastern Democratic Republic of Congo (DRC). He commended the various peace processes and agreements that have been instrumental in laying a foundation for peacebuilding and fostering trust among conflicting parties. President Ramaphosa highlighted the principle of ‘African solutions for African problems,’ emphasizing the need for African countries to take ownership of their challenges and resolutions. He reiterated that while external contributions are valuable, ultimate decisions must be endorsed and led by African nations to secure the continent’s future. The leaders’ calls for self-reliance and collaborative peace efforts reflect a renewed commitment to advancing Africa’s development and stability through internal capabilities and regional partnerships.