Africa Progress Panel report states that Africa must be part of the solution to reboot the global economy
- “Rich country governments and institutions must lend strong support to address the problems of climate change, by investing in adaptation and in the prevention of deforestation, and by increasing funding for renewable energy in Africa.
- “Africa’s own potential for a green revolution in food production must be realised… technical and financial support is required as well as additional investments in rural infrastructure to insure farmers’ access to inputs and market outlets.
- “There has been no progress on multilateral trade negotiations… while pressing for the impasse post-Doha to be broken, an early harvesting of gains in trade liberalization for Africa is needed.
- “It is more important than ever that Africa’s partners honour their commitments… aid is not the main driver of growth in Africa, but it is needed to lubricate the continent’s economic development”.
HE Kofi A Annan is Co-Chair of the World Economic Forum Annual Meeting 2009 at Davos. The full report, ‘Africa: Preserving progress at a time of global crisis’, is available at: www.africaprogresspanel.org
The State of Africa session at Davos involved the participation of Paul Kagame, President of Rwanda, Jakaya M. Kikwete, President of Tanzania, Kgalema Motlanthe, President of South Africa, Raila Amolo Odinga, Prime Minister of Kenya, Abdoulaye Wade, President of Senegal
The Africa Progress Panel is comprised of Kofi Annan (Former Secretary-General of the United Nations and Nobel Laureate), Tony Blair (former Prime Minister of the United Kingdom of Great Britain and Northern Ireland), Michel Camdessus (former Managing Director of the International Monetary Fund), Peter Eigen (founder and Chair of the Advisory Council, Transparency International), Bob Geldof (musician, businessman, founder and Chair of Band Aid, Live Aid and Live8, Co-founder of DATA, former member of the Commission for Africa), Graça Machel (women and children’s rights activist, President of the Foundation for Community Development), Linah Kelebogile Mohohlo (Governor, Bank of Botswana), Olusegun Obasanjo, (former President of Nigeria), Robert E Rubin (Chairman of the Executive Committee, Citigroup, former Secretary of the United States Treasury), Tidjane Thiam (Chief Financial Officer, Prudential Plc, former member of the Commission for Africa) and Muhammad Yunus (economist, founder of Grameen Bank and Nobel Laureate)
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