• September 26, 2022 6:54 pm

SADC summit to discuss Industrialization

Aug 17, 2022

Southern African Development Community (SADC) is expected to tackle crucial areas affecting industrialisation in the SADC region.

Malawi President Dr Lazarus Chakwera is attending the Summit alongside his SADC counterparts.

President Chakwera  accompanied by the First Lady Madame Monica Chakwera, Tuesday mid-day arrived in the Democratic Republic of Congo capital Kinshasa, ahead of the 42nd Ordinary Summit of SADC Heads of State and Government, where he will also hand over the SADC chairmanship to his counterpart Felix Tshisekedi, President of the host nation.

On arrival at Njili Airport, President Chakwera was welcomed by DRC Prime Minister Jean-Michel Sama Lukonde in addition to Secretary to the Office of the President and Cabinet, Ms. Colleen Zamba, Hon. Nancy Tembo Minister of Foreign Affairs and High Commissioner, Hon. Mark Katsonga, Minister of Trade and Industry and Ms Margaret Kamoto, Malawi Envoy to the Democratic Republic of Congo among other delegates.

Economic experts argue that industrialization, with strong linkages to domestic economies, will help African countries achieve high growth rates, diversify their economies and reduce their exposure to external shocks.

This will substantially contribute to poverty eradication through employment and wealth creation.

The 42nd SADC o
Ordinary Summit will be held from 17-18 August 2022.

The Summit will be held under the theme “Promoting industrialisation through, agro-processing, mineral beneficiation, and regional value chains for inclusive and resilient economic growth”.

The theme is an endeavour to strengthen implementation of the SADC Regional Indicative Strategic Development Plan (RISDP) 2020-2030 which seeks to further deepen Southern Africa regional integration and foster development in support to the pillar for Industrial Development and Market Integration.

President Dr Chakwera assumed the chairpersonship of SADC on 17th August, 2021 during the 41st SADC Summit held in Lilongwe, Malawi.

The 2022 Summit will review progress on Regional Integration in line with SADC’s aspirations as outlined in the RISDP 2020-2030 and Vision 2050, which envisage a peaceful, inclusive, competitive, middle-to high-income industrialised region where all citizens enjoy sustainable economic well-being, justice, and freedom.

The 42nd SADC Summit was preceded by the Meetings of Standing Committee of Senior Officials and Finance Committee held from 9th-11th August.

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