Utilize Africa’s natural resource wealth to fund development – Mahama

Date:

Former President John Mahama attended a Frontier Markets Fixed Income Conference in London on Thursday, hosted by investment company JP Morgan.

Mr Mahama spoke on a panel alongside Hassatou Nsele, Vice President for Finance at the AfDB, about “Burden Sharing: Africa’s Need for a New Development Financing Framework.”

Mahama, who is leading his party, the National Democratic Congress (NDC), to the 2024 election, has expressed support for the Bridgetown Initiative for global financial system reform, noting that Africa requires a new financing model that combines private sector funds with more concessional multilateral/bilateral financing and guarantees to achieve the transition to green economies.

He said Africa must have the courage to leverage the maximum financial outcomes from its natural resource endowment to finance the continent’s development.

Share post:

Subscribe

Popular

Ghana’s economy was destroyed by Ken Ofori-Atta – Nduom alleges.

The Founder and President of Group Nduom, Papa Kwesi...

Black Stars players need a change of attitude—Gold Stars coach Frimpong Manso.

Former Ghana international, Frimpong Manso has called on the...

NCCE Bans Alcohol On Election Day.

In a bid to ensure a peaceful and orderly...

The second coming of Mahama brings hope to Ghanaian youth—Brogya Genfi.

A return of former President John Dramani Mahama to...

More like this
Related