Assembly/AU/Decl.1 (X)
Page 2
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Enhance public-private sector partnership, particularly in the areas of
heavy infrastructure development;
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Increase investment in Science and Technology, Human Capital
Development, with emphasis on technical training, to enhance Africa’s
industrial productivity and competitiveness;
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Pool resources and share knowledge and know-how in the area of
industrial technology, planning and production management;
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Establish and strengthen the legal and institutional frameworks for the
promotion of African industrial enterprises at national, regional,
continental and international levels;
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Strengthen African Industrial Research and Development Institutions
and Agencies to develop innovative approaches and programmes for
the accelerated industrial development of Africa;
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Encourage Africans in the Diaspora to increase their contribution to the
industrial development of Africa;
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Speed up the establishment of the African Investment Bank and the
promotion of African regional and continental capital markets;
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Achieve the harmonization of African business laws;
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Take necessary measures at the national level to implement the Action
Plan.
3.
REQUEST the AU Commission, Regional Economic Communities and
development partners, to take necessary measures towards effective
implementation of the Action Plan;
4.
REAFFIRM our strong commitment to the principles of good
governance, democracy, rule of law, accountability, sound macroeconomic management, which are necessary for the accelerated
development of our countries;
5.
REITERATE our commitment to the promotion of regional markets that
are necessary for the attainment of economies of scale in the
production of competitive industrial products in Africa;
6.
UNDERTAKE to develop and enhance Africa’s industrial cooperation
and partnership with the emerging industrial economies for the mutual
benefits of both sides;
7.
CALL UPON our development partners to adopt policies and measures
to encourage their companies to increase investment in local
processing within Africa of the continent’s natural resources;