President of Congo Democratic Republic Felix Tshisekedi, French president Emmanuel Macron, Ethiopia’s President Sahle-Work Zewde, Senegal’s President Macky Sall and Egyptian President Abdel Fattah al-Sisi, attend the opening session of the Summit on the Financing of African Economies on May 18, 2021 in Paris.
While richer countries are running major economic recovery programmes, Africa “does not have the financial means today to relaunch its economy,” Finance Minister Bruno Le Maire told RFI radio. International financial leaders attending include IMF chief Kristalina Georgieva and World Bank managing director of operations Axel van Trotsenburg.
“The issue is therefore not so much a moratorium as obtaining low rates. Because it is better to issue new, cheaper and longer debt than to obtain a suspension,” he said. Macron notably announced that France would cancel almost $5 billion in debt owed by Khartoum in order to help a transition he described as an “inspiration”.
Other key figures attending include South African President Cyril Ramaphosa and his Rwandan, Egyptian and Mozambican counterparts Paul Kagame, Abdel Fattah al-Sisi and Filipe Nyusi.
New Françafrique, legitimate support is welcomed but economic colonialism can’t happen again. Previous Françafrique relation in Africa headed by Jacques Foccart placed African countries involved in the agreement in foreign debts & corrupt leaders at d helm to push their interest.
Where's our Johnnie Walker President? Is his medicals coinciding with the summit or has renoomokri stopped him from leaving his hotel again?
Our president is not here, where is he?
Can't see d lifeless president
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La source: GuardianNigeria - 🏆 1. / 94 Lire la suite »