NewzRoom Afrika: Newsfeed PM
Thursday, 20 May 2021
Interview about the the summit on the financing of African economies at the Grand Palais Éphémère, in Paris. The discussion evaluates the significance of the African Economies Funding Summit and the possible impact on economic recovery and the public health response to COVID-19 in Africa and the SADC region. The interview analyses importance of public debt management in Africa given the global divergence in response to the COVID-19 pandemic which led most African countries to increase borrowing whilst advanced economies used their central banks as lenders of last resort. The interview also reviews the importance of local capital accumulation and manufacturing capacity in Africa and the SADC; as well as the contribution of increasing intra-Africa trade and regional integration in the process.
