Browsing: Resilience and Sustainability Trust (RST)

Africa's future
  • Africa’s future remains uncertain as economies weather chronic funding shortfalls, persistent trade disruptions, and a sharp rise in debt burdens.
  • Faced with these challenges, however, investing in smart infrastructure, and supply chains that power intra-African trade could be among the most transformative plans of the decade.
  • Enhancing tax revenue through digitalisation, widening the tax base, and administrative efficiency could also help economies to thrive.

At a time when the global economic order is being reshaped by cascading crises—from pandemics and climate change to geopolitical conflicts and mounting debt—Africa’s future remains uncertain.

During African Consultative Group meeting with IMF Managing Director Kristalina Georgieva, held on the sidelines of the IMF-World Bank Spring Meetings in Washington D.C., Claver Gatete, Executive Secretary of the United Nations Economic Commission for Africa (ECA), delivered a compelling vision for the continent: Africa must lean into resilience, inclusion, and transformation to secure its future.

While addressing global …