{"id":4724,"date":"2026-11-03T03:10:54","date_gmt":"2026-11-03T01:10:54","guid":{"rendered":"https:\/\/dailybusiness.info\/?p=4724"},"modified":"2026-11-03T03:10:54","modified_gmt":"2026-11-03T01:10:54","slug":"fm-au-representative-discuss-enhancing-au-financial-sustainability","status":"publish","type":"post","link":"https:\/\/dailybusiness.info\/?p=4724","title":{"rendered":"FM, AU representative discuss enhancing AU financial sustainability"},"content":{"rendered":"<div role=\"main\" id=\"content\">\n<article id=\"the-post\">\n<div>\n<figure><img fetchpriority=\"high\" width=\"512\" height=\"306\" src=\"https:\/\/amayei.nyc3.digitaloceanspaces.com\/2018\/09\/african_union_member_flags.jpg\" alt data-main-img=\"1\" decoding=\"async\" fetchpriority=\"high\"><figcaption> \t\t\t\t\t\t\t African Union member flags in Kampala \t\t\t\t\t\t<\/figcaption><\/figure>\n<\/div>\n<div>\n<p>Minister of Foreign Affairs, International Cooperation, and Expatriates Affairs Badr Abdelatty met on Sunday, November 1, 2026, with Donald Kaberuka, the African Union High Representative for Financing of the Union and the Peace Fund, to discuss ways to enhance the AU\u2019s financial sustainability and develop mechanisms for funding its programs and activities.<\/p>\n<p>The meeting touched upon ongoing preparations for the Extraordinary Session of the AU Executive Council, featuring African foreign and finance ministers, focusing on union financing, which is scheduled to take place in Accra later this month.<\/p>\n<p>Official Spokesperson for the Foreign Ministry Nader Zaki stated that Abdelatty emphasized the importance of boosting the AU\u2019s financial resources, advancing self-financing mechanisms, and reducing reliance on external international partners.<\/p>\n<p>He noted that such steps are essential to safeguarding African decision-making independence and ensuring sustainable funding for AU activities, particularly in peace, security, conflict prevention, dispute resolution, and peace support operations.<\/p>\n<p>Abdelatty stressed that the core challenge lies not only in securing financial resources, but also in guaranteeing efficient management and optimal deployment of those funds.<\/p>\n<p>The Foreign Minister underscored the need to push forward with reforming the African Union Commission, streamlining its structures and bodies, and implementing genuine structural reforms to optimize spending efficiency and eliminate redundant mandates.<\/p>\n<p>This approach ensures that available resources are directed toward African priorities to achieve tangible results on the ground.<\/p>\n<p>He expressed hope that the upcoming Extraordinary Session of the Executive Council will yield practical steps to reinforce financial discipline, good governance, and long-term financial sustainability within the African Union.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>African Union member flags in Kampala Minister of Foreign Affairs, International Cooperation, and Expatriates Affairs Badr Abdelatty met on Sunday, November 1, 2026, with Donald Kaberuka, the African Union High Representative for Financing of the Union and the Peace Fund, to discuss ways to enhance the AU\u2019s financial sustainability and develop mechanisms for funding its [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":4725,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4724","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v28.2) - 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