AU appoints Akufo-Addo as 'Champion of African Union Financial Institutions'
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AU appoints Akufo-Addo as 'Champion of African Union Financial Institutions'

- Akufo-Addo has been appointed by the African Union(AU) as the “Champion of the African Union Financial Institutions”

- He vowed to put in the maximum efforts to make things work

- The African Union Financial Institutions is aimed at accelerating the integration and socio-economic development of the continent by 2063

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President Nana Addo Dankwa Akufo-Addo has been appointed by the African Union(AU) as the “Champion of the African Union Financial Institutions.”

His appointment was made at the 33rd Ordinary Session of the Assembly of Heads of State and Governments of AU on Monday, February 10, 2020, in Addis Ababa, Ethiopia.

The creation of African Union Financial Institutions is aimed at speeding up the unification and socio-economic development of the continent by 2063.

AU appoints Akufo-Addo as 'Champion of African Union Financial Institutions'

AU appoints Akufo-Addo as 'Champion of African Union Financial Institutions' Source: UGC
Source: UGC

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Akufo-Addo thanked the Assembly for the honor of the appointment and vowed to put in the maximum efforts to make things work.

“The task to ensure these are done will be one of my immediate priorities. I will see to it that Ghana ratifies these charters promptly upon my return to Accra,” the President said.

Akufo-Addo added that the establishment of the AU Financial Institutions was critical for enhancing resource mobilization on the continent and also for providing the necessary things for growth and job creation.

READ ALSO: Government clears legacy debts owed bulk oil distributors - Senyo Hosi

In other news, the New Patriotic Party (NPP) government has completed the payments of debt owed Bulk Oil Distribution Companies (BDCs).

This was revealed in a statement signed by the Chief Executive Officer of the BDCs, Senyo Hosi. The debts owed by the government had accrued between 2011 and 2015.

According to the Chambers CEO, Mr. Hosi, the government made the final payment, which included interest on January 13, 2020.

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Source: Yen

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