African countries should unite on the reform of the global financial architecture
The 56th Conference of Ministers of Finance, Planning and Economic Development (COM2024) closed in Victoria Falls, Zimbabwe with a consensus that African countries should with one voice, advocate for the reform of the global financial architecture for it to be fit for purpose and serve Africa’s development priorities. The ministers also called upon countries to develop instruments and institutions that can bridge the technology gap and develop innovative financing mechanisms that can work for Africa with the right governance frameworks. “We, African Ministers of Finance, Planning and Economic Development having deliberated on the theme of the conference, note that Africa...