The meeting held at Village Urugwiro was attended by AU Reforms Advisory team including the Chairperson of African Union Commission, Moussa Faki Mahamat.
Others members of the team include Dr. Donald Kaberuka , the board chair of Global Fund; Acha Leke, economic expert from Cameroon; Strive Masiyiwa, entrepreneur from Zimbabwe; Dr. Carlos Lopes from Guinea Bisau; Cristina Duarte, former Minister of Finance, Cabo Verde; Mariam Mahamat Nour former Tchad Minister of Economy and international Cooperation ; Dr Vera Songwe from Cameroon; Amina J. Mohammed from Nigeria and Tito Mboweni, South Africa’s Finance Minister.
Achieving self-financing is one of reforms being implemented. Self-financing the African Union (AU) is one of the urgent and necessary institutional reforms, critical for the realisation of the AU vision for inclusive and sustainable development as laid out in its Agenda 2063.
In July 2016, African Heads of State and Government took a historic decision and adopted a 0.2% levy to ensure that all member states pay their yearly contributions to the AU, fully and in time. The decision directs all AU member states to implement a 0.2% levy on eligible imports into the continent to finance the AU and bring about sustainable, predictable, equitable and accountable financing.
In the same year, the AU Assembly of Heads of State and Government also decided to endow the Peace Fund with $400m in Member State contributions to be drawn from the 0.2% levy instituted to finance the overall African Union budget. The full endowment level was expected to be reached in 2021. So far $200 contributions have been raised.
Other reforms to be implemented include gender balance effective from the next elections of African Union Commission leadership scheduled in January 2021. If Faki Mahamat is re-elected, he will be deputized by a woman.
Despite restrictions linked to COVID-19, the African Union (AU) has started the process to elect a new AU Commission (AUC) in January 2021. In line with the AU reform process that began in 2016 under the supervision of President Paul Kagame, the new AUC will have fewer commissioners and will be elected through a new merit-based system.