Stakeholders Seek Concessional Financing In Africa For Resilience Against Shocks
By Lucy Ogalue
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By Lucy Ogalue
With financial, health and climate shocks threatening to reverse two decades of development progress in Africa, experts have called for urgent concessionary financing to help the continent build resilience and boost economic growth. A mix of shocks including the food and fuel impact of the Russia-Ukraine war, climate change impacts, conflict, and tighter global financial
Africa urgently needs concessional financing to build resilience against shocks, experts say
Addis Ababa, 27 March 2023 (ECA) - With financial, health and climate shocks threatening to reverse two decades of development progress in Africa, experts have called for urgent concessionary financing to help the continent build resilience and boost economic growth.A mix of shocks including food and fuel impact of the Russia-Ukraine war, climate change impacts, conflict, and