{"id":459856,"date":"2018-05-04T12:24:13","date_gmt":"2018-05-04T11:24:13","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=459856"},"modified":"2018-05-04T12:24:13","modified_gmt":"2018-05-04T11:24:13","slug":"africa-will-have-to-invest-34-billion-annually-to-hold-shocks","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/05\/04\/africa-will-have-to-invest-34-billion-annually-to-hold-shocks\/","title":{"rendered":"“Africa will have to invest 34 billion annually to hold shocks”"},"content":{"rendered":"
<\/div>

The African continent will have to mobilize no less than $ 34 billion annually to deal with exogenous shocks including climate change and significantly reduce the poor. This is the opinion of Mohamed Ibn Chambaz, Special Representative of the United Nations Secretary General in West Africa and the Sahel. He was attending the opening of the fourth African Regional Forum for Sustainable Development, held since May 3, 2018 in Dakar.<\/strong><\/p>\n

 <\/p>\n

Mohamed Ibn Chambaz estimates that Africa will have to annually seek $ 34 billion to invest in activities related to food security, resilience to climate change, green energy and the resolution of political and social crises. Better or worse (that’s according to), the population of the continent will reach the threshold of 2 billion and a half of inhabitants, half of whom will live in poverty by 2035 according to the international civil servant.<\/p>\n

In this third year of implementation of the Millennium Development Goals (MDGs), collective responses are expected in the face of rising perils, especially as the current pace of development is not fast enough. This is why Mr Chambaz called on Africa to speak with one voice at the important high-level political forum for sustainable development scheduled for New York from 09 to 18 July 2018.<\/p>\n

Following suit, Mahammed Boune Abdallah Dionne, Prime Minister of Senegal, will say that the conclusions of the African forum in Dakar will act as contributory part of the continent at the meeting in New York.<\/p>\n

The African Union’s 2030 and 2063 agendas today represent a paradigm shift for African governments that have valiantly decided to tackle the root causes of poverty. According to the head of the Senegalese government, these are the key messages for the people of Africa to achieve the SDGs on the crucial issues related to water, sanitation and clean energy for more sustainable societies. just so more durable.<\/p>\n

Yet in the past two decades, Africa has grown globally to around 6% according to experts. The problem is that this growth is not inclusive. As a result, the wealth produced is not shared especially with the most vulnerable populations.<\/p>\n

Today, it is time for the structural transformation of African economies for the production of growth and value-added as well as for the existence of equitably shared wealth with the layers deserted. That is the meaning of the 2030 and 2063 agendas .<\/p>\n

The Dakar Forum is jointly organized by the United Nations Economic Commission for Africa (ECA), the African Union, the AfDB and the United Nations system.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

The African continent will have to mobilize no less than $ 34 billion annually to deal with exogenous shocks including climate change and significantly reduce the poor. This is the opinion of Mohamed Ibn Chambaz, Special Representative of the United Nations Secretary General in West Africa and the Sahel. 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