429 million people living in extreme poverty in Africa – APO

The Chairman of the Africa Peace Organisation (APO), Hon. Justice Suleiman Galadima (rtd) has decried the plight of no fewer than 429 million people living in extreme poverty in Africa.

Galadima in a statement in Abuja blamed the situation for the spate of insecurity and conflict in the continent.

He explained that the international Africa Energy Oil and gas (IAEOG) summit billed to be held in Namibia, with participants drawn from the continent is aimed at addressing the challenge.

He particularly stated that the IAEOG Summit held between the 22nd to 30th of October will promote business cooperation, stimulate investment, and create jobs among African countries.

He added that the summit is a follow-up to the African Continental Free Trade Agreement (AfCFTA) with the ultimate goal of unifying approximately 1.3 billion people across Africa, with a collective GDP of nearing US$ 3.4 trillion.

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He disclosed that the summit which over 2,500 will bring together high-level top executives, CEOs, managers, investors, the business community, government agencies, exporters and importers from oil and gas sectors from across Africa and the world will be deliberating on the challenges and opportunities of the energy transition and the future of oil and gas in Africa.

He disclosed that the summit, themed “A Symphony of Progress – Harnessing Africa’s Natural Resource Development,” would be held at Hilton Windhoek, Rev. Michael Scott St. Windhoek Namibia.

The event will feature panel discussions, presentations, exhibitions, dinners, charity golf tournaments, award presentations, tours, and a host of others.

“This event, a proactive endeavor supporting the AfCTA’s mission to forge regional value chains in Africa, aims at stimulating investment and job creation across the continent,” he added>

The 2nd edition of the IAEOG Summit took place in Angola between the 30th of November 2023 and the 3rd of December, 2023.