UN Secretary-General Antonio Guterres addressing an event
The UN will spend $250 million from its emergency fund, the largest ever allocation, to respond to several crises around the world, including helping communities at risk of famine in Africa, Guterres later told a news briefing. Governments on the continent, including Ethiopia, sought debt restructuring deals under an IMF programme to help them navigate the crisis, but conclusion of the process has been delayed.
The summit, which brings together leaders from the 55 African nations, is also focusing on deepening food and security crises on the continent.
How many African countries even pay back loans?
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