‘Implement home-grown interventions, use Africa’s resources to recover from Covid-19’

Africa’s ability to finance the 2063 agenda and also manage the Post COVID-19 recovery process largely depends on the implementation of home-grown interventions and utilization of Africa’s resources.

This is part of the recommendations at the end of the second edition of the annual three-day African Economic Congress (AEC), organised by the African Economic and Investment held virtually from the 2nd – 4th of November, 2020 following COVID-19 health restrictions.

The meeting had the theme: “Post COVID-19: Africa in the New Economic Order”.

The congress observed that the COVID-19 pandemic is a major setback to the progress made by African countries towards the 2063 African Union agenda.

Africa has everything it takes to finance its 2063 growth agenda, a myriad of factors such as interference by foreign powers and bad leadership have denied access to this wealth needed to drive economic development.

Currently, Africa has two major assignments; the attainment of the 2063 agenda and managing the Post-COVID-19 recovery process.

Founder/Chief Executive Officer, African Economic Congress, Mrs. Nancy Nnaji, in a statement in Abuja Monday posited that the agricultural sector is key to Africa’s economic transformation.

According to the statement, by developing this sector, abundant resources can be provided to finance the 2063 African union agenda and curb unemployment, food shortage, malnutrition and extreme poverty.

“The African Union Leadership needs to come up with policies and systems to guide the continent and its people to find solutions to the continent’s challenges and the development needs.

“African leaders need to take more steps to develop its youth population. By improving the learning curriculum in response to the future needs of the youth, we can forge a path for more youth representation in leadership for the future.”

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