By Nevanji Munyaradzi Chiondegwa
Harare – As a lead up to the SADC Conference which kicks off in Harare this week, the Southern African Development Community (SADC) and the Arab Bank for Economic Development in Africa (BADEA) have joined forces to unlock sustainable development in the region. This commitment was solidified at the SADC-BADEA Investment Forum, which commenced earlier today at the Harare International Conference Centre (HICC).
The Forum, themed around sustainable financing, regional integration, and poverty eradication, has brought together key stakeholders, including government representatives, private sector leaders, and development financing institutions. This collaborative platform aims to foster dialogue and identify innovative solutions to address the region’s most pressing challenges.
A highlight of the event was the signing of a Memorandum of Understanding (MoU) between the SADC Secretariat and BADEA. This landmark agreement outlines a framework for enhanced cooperation in various sectors crucial for development, including industry, transportation, infrastructure, energy, water, health, trade, agriculture, and investment.
The MoU emphasizes joint efforts in facilitating forums, seminars, and exhibitions that engage stakeholders, particularly those from the private sector. This strategic approach underscores the importance of public-private partnerships in driving sustainable growth and development within the SADC region.
The SADC-BADEA Investment Forum signifies a shared commitment to fostering economic growth, promoting regional integration, and improving the livelihoods of people within the SADC region. As the Forum progresses, participants are expected to engage in dynamic discussions and knowledge sharing, paving the way for impactful collaborations and tangible outcomes in the journey towards a more prosperous and sustainable future.
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