The Peace and Security Council of the African Union (AU), at its 575th meeting, held on 11 February 2016 in Addis Ababa, dedicated an open session to the theme: natural resources and conflicts in Africa. The Council agreed to hold an annual open session on the issue of natural resources, illicit financial flows and conflict in Africa.
The Council listened to a presentation by the Oxfam Representative to the AU, and statements from AU Members, international partners, specialized institutions and civil society organizations. The Council urged Members States to develop the necessary legal regulatory framework, as requested by the AMV. The Council also urged international partners, transnational corporations, private sector, civil society organizations and other stakeholders, to support the promotion of transparency, equity and development-oriented governance of natural resources in Africa.
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