Africa: Massive Investment and Financial Reform Needed to Rescue SDGs

World leaders adopted the 17 SDGs nearly a decade ago and they include ending extreme poverty and hunger, ensuring availability to clean water and sanitation, and reducing inequality within and among countries."At our current rates, we estimate some 600 million people will still be living in extreme poverty beyond 2030. And as the report shows, finance is the crux of the problem," Ms. Mohammed said, speaking at UN Headquarters in New York.

over the last 25 years, from over six per cent before the global financial crisis more than 15 years ago to around four per cent today.There was a problem processing your submission. Please try again later. In this regard, donors also need to make good on commitments on Official Development Assistance and climate finance.Finally, world leaders must close"credibility gaps" and trust deficits. This is especially the case for wealthier nations, which have made promises on global governance reform, aid delivery, and domestic reforms to tackle corruption and inequality, including gender inequality.," stressing that"failure is not an option.

Source: News Formal (newsformal.com)

News Politics Economy Trade Business Sports Current Events Travel International Organizations And Africa Economy Business And Finance Africa External Relations Investment

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Africa: 3i Africa Summit to Spearhead Investment Drive for African FintechsGiven the catalytic potential of digital technologies in Africa, experts have emphasized the need to galvanize investments and set regulations tailored for fintech growth on the continent.
Source: allafrica - 🏆 1. / 99 Read more »

Central Africa: Africa/Central Africa - the New Cold War Passes Through MercenariesIs the Central African Republic a 'Paradise of mercenaries'? The country has long been the scene of the intervention of various private military companies (PMCs), at least since March 2003, when François Bozizé took power in a coup supported by France against President Ange-Félix Patassé.
Source: allafrica - 🏆 1. / 99 Read more »

Converge Africa 2024 (Formerly ECOM Africa) is Africa’s leading Digital Commerce eventAfrican tech news, innovation, geek culture, games and more
Source: htxtafrica - 🏆 42. / 51 Read more »

Africa: USAID Launches the Africa Trade Desk through Prosper AfricaPress Release - Today, Deputy Administrator Isobel Coleman announced the launch of the Africa Trade Desk, a signature trade platform from Prosper Africa that links large U.S. food retailers to African producers.
Source: allafrica - 🏆 1. / 99 Read more »

From Financial Struggle to Financial Success – A Roadmap for Business LeadersSouth Africa Today, News source, provides breaking news on South Africa, world, Africa, sport, travel and more.
Source: SATodayNews - 🏆 44. / 51 Read more »

Information regulator nails TransUnion for massive data breach in South AfricaTransUnion has been hit with an enforcement notice from South Africa’s Information Regulator over multiple failings uncovered in a 2022 data breach that impacted 3 million consumers.
Source: BusinessTechSA - 🏆 24. / 61 Read more »