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Leveraging Africa’s seat at the G20
Global economic governance reforms are on the spotlight as the African continent makes its case to play a more proactive role in the global financial architecture. CNBC Africa’s Senior Anchor Aby Agina spoke exclusively to Afreximbank President Prof.Benedict Okey Oramah for more.
Wed, 13 Mar 2024 11:09:49 GMT
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AI Generated Summary
- The African continent is striving to enhance its participation in global economic governance by forming a financial alliance and securing a seat at the G20.
- The alliance of African financial institutions aims to strengthen the continent's voice in international financial discussions and address common challenges collectively.
- A strategic focus on unity, coordination, and collaboration is crucial for Africa to boost its financial ecosystem, drive impactful changes, and achieve economic growth and stability.
Global economic governance reforms are taking center stage as the African continent pushes for a more active role in the global financial architecture. Professor Benedict Okey Oramah, President of Afreximbank, shed light on Africa's efforts to form its own financial alliance and secure a seat at the G20 in an exclusive interview with CNBC Africa's Senior Anchor Aby Agina. The conversation delved into the continent's journey towards economic empowerment and the significance of collaboration among African financial institutions. The alliance aims to strengthen Africa's voice in international financial discussions and address common challenges collectively. By leveraging the strength of unified institutions and strategic coordination, African countries hope to boost their financial ecosystem and drive impactful changes across the continent. Oramah emphasized the importance of the private sector's role in supporting this initiative and ensuring effective implementation of development projects. As Africa charts its path towards economic growth and stability, the focus remains on unity, coordination, and collaboration for a prosperous future.
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