The World Bank and IMF are holding their annual general meetings in Africa for the first time in 50 years.
That was not going to change unless the monetary institutions helped, said an influential Catholic group. The religious leaders said approximately 600 million Africans were poor, and close to 280 million went hungry. The Secam also called on the IMF and World Bank to consider adjusting to, particularly, the needs arising from places such as Africa.
The senior director of policy for the Jubilee USA Network, Aldo Caliari, said the African bishops should be taken seriously because they knew and lived in affected communities.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
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.
Encouraging news for South Africa’s economyIMF sees rebound on the horizon for Africa’s economies – including South Africa.
Source: BusinessTechSA - 🏆 24. / 61 Read more »
IMF sees rebound on horizon for Africa’s floundering economies'Inflation is falling, public finances are stabilising, and growth is poised to increase,' the IMF said. 'Still, even though the outlook is less ominous, it is too early to celebrate.'
Source: Moneyweb - 🏆 5. / 77 Read more »
IMF lowers Sub-Saharan Africa growth forecastsSub-Saharan Africa's economic growth will shrink for a second year in a row in 2023 before rebounding in 2024, the International Monetary Fund (IMF) said on Tuesday in a report in which it cut its forecasts for economic expansion.
Source: ReutersAfrica - 🏆 31. / 53 Read more »
Can World Bank, IMF Work With Africa to Break Its Debt Cycle?The annual meeting of the World Bank and International Monetary Fund (IMF) are due to take place in Marrakech, Morocco from October 9-15, 2023 and will be attended by approximately 12,200 participants from more than 180 countries. Of concern, is the perpetuation of a debt cycle in Africa, writes Dean Bhekumuzi Bhebhe for African Arguments. More than half of adaptation finance for Climate projects in Africa, comes in the form of loans, further deepening countries' indebtedness. As African nations
Source: allafrica - 🏆 1. / 99 Read more »
Africa: To End Child Marriage in Southern & East Africa, Governments Need to Strengthen Laws & ImplementationOpinion - Almost one third (32%) of women aged 20 to 24 in Eastern and Southern Africa - around 50 million - were married before 18 years old. To address this pervasive problem, the Southern African Development Community (SADC) Parliamentary Forum has adopted the SADC Model Law on Eradicating Child Marriage and Protecting Children Already in Marriage, a legal framework providing a comprehensive, integrated approach to ending child marriage and protecting children already married.
Source: allafrica - 🏆 1. / 99 Read more »
Digital nomad visas are on the rise in Africa - but South Africa is far behind - TechCentralNamibia has become the latest of four African countries to offer digital nomad visas to remote workers.
Source: TechCentral - 🏆 8. / 71 Read more »