AGENDA 2063 The Africa We Want of Africa as the region without a permanent seat in the UN Security Council within the next decade. o. Strengthen domestic resource mobilisation, build continental capital markets and financial institutions, and reverse the illicit flows of capital from the continent, in order to: • Build effective, transparent and harmonised tax and revenue collection systems and public expenditure; • Reduce aid dependency; • Enhance domestic savings; • Eliminate all forms of illicit flows; • Double the contribution of African capital markets in development financing; • Render fully operational appropriate continental financial mechanisms/ institutions; • Elevate Africa- multilateral lending institutions to global status; • Reduce unsustainable levels of debts; • Address the particular challenges of island states in continental and global development financial regimes; • Create an enabling global environment for Africa’s development, including the mobilisation of resources from all funding mechanisms for implementation of Africa’s priorities as defined in Agenda 2063; and • Take measures to ensure technology transfer, adaptation and support for innovation. p. Set up an implementation, monitoring, evaluation system, underpinned by accountability and transparency, to ensure the attainment of the Agenda 2063 Aspirations by: • Identifying leadership and stakeholders at the national, regional and continental levels and assigning roles and responsibilities to each of them; • Providing broad policy guidelines that would be adopted/adapted by national, regional and continental stakeholders with respect to the implementation, monitoring and evaluation of Agenda 2063; • Conducting an institutional review of AU structures, processes and methods of work in relation to the implementation of Agenda 2063; • Leveraging the strengths of the RECs as the focal points for coordinating the implementation, monitoring and evaluation of Agenda 2063 at member states’ level; • Leveraging the strengths of AU institutions, such as African Union Commission (AUC), NEPAD Planning and Coordinating Agency (NPCA), 18