That’s the word from African Finance Ministers at United Nations Economic Commission for Africa underway in Addis Ababa, Ethiopia.Africa accounts for 54 percent of the worlds poor people, overtaking Asia in recent years.
This week, countries told the United Nations gathering how poor infrastructure networks, unaffordable financing, increasing violence and terrorism are huge stumbling blocks.
What is the reason Africa is the most under developed continent in the world? Deal with the answer to that question and you might be able to trade out of poverty.
There's no enough confidence in that statement, we could easily accomplish that but today's African leaders have a mind of their own and it's not to challenge neo/colonial narratives and order.
That Sounds like work! Very capitalistic of them and the EFF rejects it with the contempt it deserves
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Central African Nations Moving to Rescue Flagging EconomiesMinisters from Central African nations - Cameroon, Central African Republic, Chad, Congo Republic - Brazzaville, DR Republic of Congo, Equatorial Guinea, Gabon, São Tomé & Principe and Angola - are meeting today, March 17, 2023 to look at new investment opportunities to shake up their respective economies. In 2022, the Central African ministers agreed to merge two regional blocs in a move to boost trade and growth. The 11-member Economic Community of Central African States (ECCAS) joined with the six-member Economic and Monetary Community of Central Africa (CEMAC). The deal aimed to eliminate rivalry that has helped to make central Africa the poorest region among Africa's economic groups. Central Africa's lull in economic growth has largely been caused by natural disasters, armed conflicts, and the fallout from Russia's invasion of Ukraine. The central African region is also looking for investments in the energy sector.
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