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Friday, 09/30/2011 10:34:59 AM

Friday, September 30, 2011 10:34:59 AM

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Hilbroy Advisory Inc: Africa United on Aid Reforms and Development: by Jean-Francois Amyot

Montreal, 30 September 2011 Hilbroy Advisory Inc. (Frankfurt: 2H0) – Africa is trying to gear up a common position through the launching of a platform for development effectiveness. "At the heart of these regional engagements is the urgent need for Africa to address the current aid architecture and its implications for Africa's development," said Ibrahim Assane Mayaki, Chief Executive Officer of the NEPAD Planning and Coordinating Agency (NEPAD Agency) at the opening of the third Africa regional meeting on development effectiveness.

From the first and second Africa regional meetings, through the launch of the Africa Platform for Development Effectiveness and also through this third engagement, Africa has articulated its priorities resulting in the African consensus and position in the run up to the upcoming 4th High Level Forum on Aid effectiveness in Busan, South Korea,” said Mayaki. The overall objective of this third regional meeting is to validate the common African position on development effectiveness with regard to shaping the post-Busan agenda focusing on aid reforms, Jean-Francois Amyot.

In his remarks, Mr. Erastus Mwencha, Deputy Chairperson of the African Union Commission (AUC) insisted on “the unequivocal inclusion of the regional dimension in the new global partnership for development effectiveness.” He went on to remind the participants at the meeting that aid should be seen as one source of development finance which should complement our efforts at achieving growth and wealth creation in Africa. “Development effectiveness framework as an approach to help minimize aid dependence and to prioritize the investments that strengthen the national capacities and build on alternative sources of development funding”.

In line with this appeal towards processes at the national level, Dalmas Otieno, Kenya’s Minister of State for Public Service emphasized that development effectiveness, aid effectiveness and any form of effectiveness must begin at the national level in order to ensure buy-in and broader success at the national and continental levels. The third Africa regional meeting on development effectiveness is being co-organised by the AUC and the NEPAD Agency in partnership with UN-ECA, UNDP and the African Development Bank with the leadership of African Governments. GIZ, UN Women, Trust Africa, Open Society Initiative of Southern Africa (OSISA) and Oxfam GB are supporting this engagement.

About Hilbroy Advisory Inc.
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential: Jean-Francois Amyot.

Our specialists will customize a service package that includes reviewing, identifying and recommending a series of specific action and tasks that help their clients’ management decisions when seeking
• Go Public strategy,
• Debt and or equity financing
• Identify prospective investors
• Hire investor relations firm
• Cross listing decisions
• Planning road-shows and promotional campaigns.

Hilbroy Advisory has established numerous international relationships over the years with Broker Dealers, Hedge Funds, Institutional Investors, High net worth Investors as well as with investor relations firms and consultants. These relationships are made available to all Hilbroy clients and our team will manage the relationships from introduction to post financing activities.

Contact:
Jean-Francois Amyot
Hilbroy Advisory, Inc.
1400 rue Begin
Montreal, QC H4R 1X1
info@hilbroyadvisory.com
www.hilbroyadvisory.com
Tel: 514-334-3131

Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates", "believes", "could", "expects", "intends", "may", "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
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