Angola from 27–28 August in Luanda will host the Meeting of the Ministers of Finance and Governors of the Central African Banks, the African Caucus.
The meeting will hold at the Talatona Convention Centre as an important opportunity for the African leaders, represented by their Ministers of Finance and Planning and Governors of the Central Banks, to jointly present in a coordinated and organised way the major and current concerns affecting the economies of the African continent, namely the building of infrastructure and industrialisation of production processes. The aim is to strengthen the voice of the continent’s representatives on important issues relating to the socio-economic development of the Bretton Woods Institutions (BWIs).
On the other hand, holding the forum in Angola will improve the country’s visibility, making way for new opportunities for diversifying the economy. It will also strengthen the country’s relationship with international financial institutions such as the International Monetary Fund, the World Bank and the African Development Bank, with the aim of mobilising support for the financial needs of the country’s development.
The pressing subjects on the agenda in the six panels are the General Vision of the Regional Economy, Economic Transformation and Diversification, Discussion on the 2015 African Caucus Memorandum and the Financing of Regional Projects connected to infrastructure.
Personalities like the Ex-President of South Africa, Thabo Mbeki, and other individuals connected to the New Partnership for Africa’s Development (NEPAD), the World Bank (WB) and the African Development Bank (AFDB) have been invited to speak on the topics above.
Angola was formally designated as the leader of the African Caucus Group in 2015 at the event that took place from 3–4 September 2014 in the Friendship Hall Conference Centre in Khartoum, Republic of Sudan.