The Secretary General of the East African Community, Amb. Dr. Richard Sezibera has reiterated that peace and stability were critical in attracting investments in the Great Lakes Region and that the involvement of the leaders, as well as the United Nations led by the Secretary General and his Special Envoy to the Region was extremely crucial.
Amb. Sezibera, who was yesterday delivering the keynote speech themed Preparing the Ground For Responsible Investment, at the Great Lakes Private Sector Investment Roundtable, held at the United Nation Economic Commission for Africa complex in Addis Ababa, said the Roundtable Dialogue on ways in which corporate activities and responsible investment can advance peace, stability, prosperity and inclusive growth in the Great Lakes region was critical, noting that “within International Conference of the Great Lakes Region (ICGLR), focus is now shifting to investment, this is a major achievement that we should all celebrate”.
The Secretary General opined that responsible, targeted investments, during periods of conflict, or in the immediate aftermath, were crucial to ending the conflicts and promoting rapid return to normality and stability.
He noted that promoting cross border investments and ensuring that the benefits of growth are efficiently harnessed and equitably shared was part of the inclusive growth. “Failure to master this imperative is largely the reason behind the endless conflict we have witnessed in the region for years” commented the Secretary General, adding that “we must think differently about investment. We need to think and act regionally and put in place policies that allow for these cross border investments”.
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