SADC must become more self-reliant amid global uncertainty, says Magosi
SADC Executive Secretary Elias Magosi has called for greater regional self-reliance as geopolitical tensions, conflicts and declining development assistance place pressure on Southern Africa’s development and integration agenda.
SADC Executive Secretary Elias Magosi has emphasized the need for the Southern African Development Community to become more self-reliant and strengthen regional integration in the face of geopolitical tensions, conflicts, and declining development assistance. Speaking at the opening of the SADC Council of Ministers meeting in Durban, Magosi highlighted the changing global environment and the importance of trust and cooperation among member states to strengthen resilience and advance their own development agendas.
Progress has been made in energy and digital connectivity, with SADC adding significant new installed generation capacity, but electricity access remains below the target of 85% by 2030. Additionally, manufacturing value added as a share of GDP has declined, underscoring the need for industrialisation and value addition, as well as increased investment in productive sectors and regional value chains.
Brief written by urgent.news from IOL's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
