We are heavily involved in various parts of the continent particularly through our bilateral channels with our sister African countries, our sub-regional body Southern African Development Community (SADC), and the African Union (AU)," she said.

The Minister further said the AU is also very central to the realisation of the goals of the African Agenda.

"We remain committed to the African Union, including our support for its various organs such as the Pan-African Parliament that we host in our country

"We are at work with other African countries and the African Union Commission to ensure that the Financial Institutions of the Union that are envisaged in the AU Constitutive Act see the light of the day.

"It is incumbent on all us to make sure that the African Reserve Bank, the African Monetary Fund, and the African Investment Fund become a reality, because these institutions have a critical contribution to make to the renewal of our continent.

"We need a strong and effective AU and this applies to all its institutions, programmes and organs," she said.

Nkoana-Mashabane further said Peace and Security is, indeed, important to the African Agenda.

"Without peace and security there can be no sustainable development, and without sustainable development there can be no peace and security and the achievement of the Millennium Development Goals in Africa will remain a dream deferred. We need peace, not war," she said.

Throughout the current conflict in Libya, South Africa and the AU have steadfastly maintained that the future of Libya should be decided by the Libyans themselves.

"This is what the AU roadmap is all about; an inclusive durable political solution to the Libyan crisis on the basis of the will of the Libyan people.

"We continue to encourage Libyan stakeholders to accelerate the process leading to the formation of an all-inclusive transitional government that would be welcome to occupy the seat of Libya in the AU," she said.

With the imminent fall of Colonel Muamar Gaddafi's government, Nkoana-Mashabane is urging the Libyan authorities to immediately institute an all-inclusive, inter-Libyan political dialogue aimed at building a truly representative and people-centred democratic dispensation.

Regarding Somalia, she said South Africa supports a comprehensive approach that addresses both the economic and political dimensions of Somalia.

With regard to Zimbabwe, the Minister said: "We will continue to call on the parties to spare no effort in implementing the Global Political Agreement (GPA) in order to stabilize the political situation in Zimbabwe and encourage them to support efforts aimed at the consolidation of democracy in that country."

In relation to IBSA, the minister said South Africa's membership was not only going to enhance the country's trilateral partnership with India and Brazil, but would also be an important pillar for strengthening the muscle of the South in global affairs.

"We believe that IBSA has become even stronger now that South Africa is a member of BRICS," she said.

"The rationale for South Africa's joining BRICS was in consideration of a matter of crucial importance to BRICS Member States, namely the role of emerging economies in advancing the restructuring of the global political, economic and financial architecture into one that is more equitable, balanced and rests on the important pillar of multilateralism."