AU flags off major remittances scheme

African Union flagsFrom MARIA MACHARIA in Nairobi, Kenya

NAIROBI, (CAJ News) – THE African Union Commission (AUC) has marked the Operationalization of the African Institute for Remittances (AIR) in Nairobi.

Dr Mustapha Kaloko, Commissioner for Social Affairs AUC, performed the flag hoisting ceremony to mark the scheme, which is envisaged to play a key role in helping African countries develop proactive policies aimed at leveraging remittances for social and economic development.

Ben Ogutu, Political and Diplomatic Secretary, Ministry of Foreign Affairs and International Trade, reaffirmed the commitment of the Government of the Republic of Kenya to make available to the Institute the US$ 5 Million grant pledged by the government.

Representatives from the United Nations Environmental Programme and UN-Habitat in Nairobi as well as the High Commissioner of Zambia, expressed their readiness to support the institute.

Others present included the Interim Executive Director of the African Institute for Remittances, Amadou Cisse, the Project Manager, Abia Udoh as well as Remittance Consultant, Hailu Kinfe.

AIR, an AU Specialized Technical Office, was officially launched in November 2014.

CAJ News

Short URL: http://cajnewsafrica.com/?p=8896

Posted by on Oct 15 2015. Filed under Africa & World, Featured, Finance, Finance & Banking, National, Regional. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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