Nasri Represents Tebboune at 3rd Luanda Summit on Infrastructure Development
Representing the Algerian President, Abdelmadjid Tebboune, the President of the Council of the Nation Azouz Nasri took part on Tuesday, alongside the Secretary of State to the Minister of Foreign Affairs in charge of African Affairs, in the opening ceremony of the 3rd Financing Summit for Africa’s Infrastructure Development, held in the Angolan capital Luanda.
The opening of the four-day event was chaired by João Manuel Gonçalves Lourenço, President of the Republic of Angola and current Chairperson of the African Union (AU).
Also participating in the opening session were heads of state and government of AU member countries, as well as the AU Commission and the African Union Development Agency‑NEPAD (AUDA-NEPAD), co-organizers of the event in collaboration with the Angolan government.
The event also brought together regional economic communities, African and international financial institutions, development partners and private-sector representatives.
The summit, which gathers over 2,000 participants, aims to mobilize financial resources to accelerate infrastructure financing in Africa and strengthen public-private partnerships, while implementing the Program for Infrastructure Development in Africa (PIDA), one of the essential pillars of the AU’s Agenda 2063.
Algeria, which actively works for strengthening African integration and sustainable development in the continent, will at this occasion present its experience in implementing strategic infrastructure projects and reaffirm its commitment to favor regional inter-connection and South-South cooperation, especially via projects linking Algeria to its African environment.
The proceedings will include presidential dialogues, sectoral investment forums, and innovation spaces intended to showcase technological solutions and structuring projects. Discussions will also cover water-security, financing climate-initiatives, as well as the growing role of infrastructure and artificial intelligence in the continent’s economic transformation.
The summit’s work is expected to conclude with a “Luanda Declaration” and a “Final Communiqué,” in which African leaders will reaffirm their commitment to accelerate resource mobilization and strengthen partnerships for implementing priority continental projects, while working to overcome structural obstacles delaying major projects and promoting the corridor-economics approach as a lever of industrialization and development of regional value chains.
Before the opening session, Nasri took part in the welcoming ceremony of heads of state and participating delegations, where he met President Lourenço.
