President Robert Mugabe of Zimbabwe on Monday delivered a 1 million U.S. dollars cheque to the African Union (AU) Foundation, a “humble gesture” to help push the regional bloc toward financial independence.
Mugabe made the donation during the opening of the 29th AU summit in the Ethiopian capital, Addis Ababa.
He was fulfilling a pledge made during his tenure as rotating AU chairman, at the 25th AU summit in Johannesburg, South Africa.
Handing over the cheque, Mugabe said the “modest” donation “demonstrates what is possible when we apply our mind to the most urgent task before us, ... of funding our union and in particular Agenda 2063.”
Launched in January 2015, the AU Foundation is tasked with finding new ways of generating domestic resources to fund African development programs and support Agenda 2063, an ambitious blueprint for future development of the continent.