Agenda 2063 raring to be implemented AU
By Timo Shihepo
WINDHOEK – THE African Union Commission says it has removed stumbling blocks likely to impede the implementation process of Agenda 2063.
From the old days as the Organisation of African Unity (OAU) to the new era of African Union (AU), the continental body has been characterised by poor implementation of important frameworks.
And questions have been raised whether the union will be able to successfully implement its Agenda 2063.
Agenda 2063 is a framework formulated to guide Africa’s development in the next 50 years. It was adopted by African leaders in 2015.
It is built on existing African frameworks, programmes and declarations, consultations with a broad spectrum of African stakeholders at the grassroots level.
The long-term programme is a mixture of 35 national and regional economic communities’ strategic and action plans, situational analysis and study of global mega trends.
Information provided to The Southern Times by the AU states that it should be clear by now that Agenda 2063 is the avenue towards socio-economic transformation on the African continent.
“It says if there are any doubts as to whether this will be implemented, people must remember that formulation of Agenda 2063 was a bottom-up process. It involved consultations with a wide spectrum of stakeholders. It was participatory and highly inclusive. This means that there is stronger ownership and higher level of commitment,” says AUC Commissioner for Economic Affairs, Dr Anthony Mothae Maruping.
Maruping says while Agenda 2063 may seem rather ambitious, it is at the same time very practical and doable. It is sufficiently concrete to enable implementation, especially the first 10-year implementation plan, he says.
“Assimilation of contents of Agenda 2063 into the national and Regional Economic Communities (RECs) plans and budgets through domestication further ensure implementation. Results based approach to implementation and mounting of accountability architecture another assurance of successful implementation,” he said.
The AU is also happy with the progress of the Continental Free Trade Area (CFTA) with the deadline for concluding negotiations set for 2017.
The negotiations are ongoing and the formation of tripartite (COMESA, EAC and SADC) has been a giant step closer to CFTA, said the Commissioner.
The CFTA is regarded as one of the major flagships programmes and projects that will bring about the successful implementation of Agenda 2063.
Other flagship includes the establishment of four continental financial and monetary institutions to service development. They are the African Central Bank (ACB), the African Investment Bank (AIB), the African Monetary Fund (AMF) and the Pan African Stock Exchange.
Regarding the African Central Bank the agreed timeframe for establishing ACB is between 2028 and 2034. Strategy towards this target has been agreed and await blessing by the 28th AU Assembly.
With the AIB, statutes have already been adopted. Twelve ratifications are needed to reach the required threshold for activation. The agreed schedule for operationalising AIB is 2025.
AMF statutes have also been adopted. Minimum required number of ratifications should be secured punctually for scheduled commencement of operations in 2023.
Study has been conducted regarding a virtual Pan African Stock Exchange to facilitate the mobilisation and flow of capital for development on the continent.
The study is to be scrutinised by Finance and Monetary Affairs Ministers in 2017.
Maruping said Agenda 2063 enjoys political commitment. Keen interest of the heads of states government in Agenda 2063 and setting up of ministerial follow – up committee are evidence of that political determination to implement Agenda 2063.
“Some countries are already busy implementing Agenda 2063 to their great benefit.”