Source: Africa Publicity
The 2025 Africa Prosperity Dialogues (APD) have culminated in a landmark document, the APD 2025 Compact, which outlines a transformative agenda for Africa’s economic growth and prosperity. The 44-page Compact was distributed at the 38th African Union (AU) Summit in Addis Ababa, Ethiopia, and emphasizes the need for immediate action to advance Africa’s aspiration for a single market through the African Continental Free Trade Area Agreement (AfCFTA).
The APD 2025 Compact is built around five key pillars:
– Financing for Strategic Infrastructure: mobilizing funds for critical infrastructure projects
– Transport and Logistics Integration: implementing the Single African Air Transport Market and Africa’s Integrated Maritime Strategy 2050
– Energy Security and Power Integration: promoting interconnected power grids and harmonized regional energy policies
– Digital Transformation: achieving Pan-African mobile system interoperability and accelerating digital trade
– Healthcare and Social Infrastructure: strengthening healthcare systems and promoting STEAM education
The Compact also introduces an innovative Integrated Africa Infrastructure Growth Fund, aiming to mobilize over $2 trillion in its first decade. This fund will be driven by contributions from Africa’s growing middle class, domestic capital markets, and multilateral financial institutions.
The APD 2025 was attended by over 2,500 leaders from 47 countries across Africa and the global African diaspora. The event was a call to action, mobilizing leaders from both the private and public sectors to work collaboratively to drive economic growth, reduce poverty, and improve the lives of African citizens.
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