Assembly/AU/Decl.2(XII) Page 2 4. EXPRESS our satisfaction with the fruitful cooperation between the African Union Commission, the United Nations Economic Commission for Africa and the African Development Bank in Africa’s mobilization against the current financial crisis, and call for the continued mutual exchange of information and ideas on the situation; 5. SUPPORT the Communiqué issued by the G20 on 15 November 2008 appealing to the international financial institutions to play an anti-cyclical role in support of the public and private sectors, transcending their traditional role of stimulators of economic growth; 6. COMMEND the African Development Bank for the responses proposed through the Emergency Liquidity Facility (ELF), the Trade Financing Initiative (TFI) and other innovative programmes to help African countries in mitigating the effects of the crisis; 7. INVITE the shareholders of the African Development Bank to consider as a priority increasing the capital of the Bank so that it can further step up its support to our countries, while respecting their diversity and according to their needs; 8. REAFFIRM our commitment to the integration of African stock exchanges which can help to boost efficiency in the mobilization of domestic resources; 9. REMAIN FERVENTLY CONVINCED that, through voluntary policies, we can mitigate the worst effects of the crisis and defend our priorities and concerns within the scope of the ongoing global dialogue which aims to reform the international monetary and financial system; 10. CONVINCED of Africa’s role in the resolution of the crisis, DEPLORE the fact that Africa was totally marginalised in the deliberations which led to the establishment of the current international financial system, giving rise to a situation that encouraged the present financial crisis 11. EXPRESS our gratitude to South Africa as a member of G20 for having clearly expressed Africa’s opinions during the G20 process; 12. REITERATE our call for an in-depth reform of the global financial system, based on an inclusive approach which fully integrates, in all legitimacy, the voice of Africa; 13. REAFFIRM that Africa must be fully represented in deliberations on the financial crisis while calling for the G20 framework to be revised to include all the Member States of the United Nations System. In the meantime, the African Union should have a seat at the G20;