twentieth Foreign Financial Discussion board on Africa

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The 20th International Economic Forum on Africa was held on Monday 22 February in virtual mode. Organized by the OECD in partnership with the African Union and Senegal, the theme of this forum was “Investing for a Sustainable Recovery in Africa”.

The President of the Commission of the African Union, the Prime Minister of Togo, the President of Madagascar and the President of Senegal spoke at the opening of this unique edition, which is being held at a time when the whole world is looking for the means to limit the consequences of the covid-19 pandemic. .

It is with reduced visibility that the world is investigating the end of coronavirus circulation to bring all activities and all economic circuits back to full speed. The challenge that awaits Africa is enormous: last year, 41 countries on the continent registered an economic recession against only 11 (African countries) during the global financial crisis in 2008. The Senegalese president has once again endorsed the role of their spokesman.

While meeting the moratorium on the G20 (the twenty largest economies in the world) on the debt of the least developed countries ending June 30, 2021, Macky Sall asked for an extension during the year 2021, but he especially asked for a significant debt relief, even debt cancellation in some countries so that they continue to “face the cost of the health response” and “prepare for covid recovery”. He reiterated in passing the desire to see developed countries mobilize part of the Special Drawing Rights (SDRs) in favor of countries in need.

Another cry from the heart of the Senegalese head of state, about the need for “access for all countries to affordable anti-covid vaccines.”

Also read: Mali: immigration, theme of the 19th Bamako Forum

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