 Mr Gaddafi fears there may be a conspiracy to veto African unity |
He said Libya would instead look towards Europe and the Arab world.
Col Gaddafi was speaking just ahead of the opening of a summit of African Union leaders in Ethiopia on Thursday.
He also said Libya was prepared to move its African investments, which he said amounted to more than $5bn (£2.5bn), to Arab and Mediterranean states.
The Libyan leader has for a long time advocated the creation of a United States of Africa - with its government including a foreign minister, defence minister and minister of trade.
The AU, which succeeded the Organisation of African Unity in 2002, was conceived by Mr Gaddafi as part of this vision.
