Audio By Carbonatix
Finance and Energy Ministers from across Africa are to meet in Accra to find sustainable solutions for financing the energy sector and its contributions under the Millennium Development Goals.
The Accra Financing for Development conference, which is under the theme "Infrastructure for Growth-The Energy Challenge ", is scheduled for May in Accra. It would bring together members of the donor community as well as some civil society groups.
It would provide the platform to discuss more results oriented ways of effectively delivering the commitments made by Africa's development partners during the 2005 G8 Gleneagles meeting, and propose new strategies for follow up action.
A release from the Ministry of Finance and Economic Planning said, the meeting followed a series of meetings including the Abuja, Singapore and Maputo conferences which brought together African Finance, education, energy ministers, international financial institutions, development partners and the IMF to deliberate on issues pertaining to the achievement of the MDGs.
It said the Financing for Development meetings came about when it dawn on both African countries and their development partners that, Africa was unlikely to meet the MDGs unless aid was increased substantially.
Though the development partners responded through unprecedented aid commitments, aid inflow has been slow. The meeting would therefore give the development partners and African countries a platform to produce concrete next steps in converting the commitments into development outcomes.
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Civil society group calls on the Bank of Ghana to suspend planned normalisation of non-interest banking
2 hours -
Jingle bills: Arkansas Powerball player strikes $1.8bn jackpot on Christmas Eve
2 hours -
Brazil ex-President Jair Bolsonaro’s surgery for hernia ‘successful’
2 hours -
Ghana and Afreximbank announce successful resolution of $750 million facility
5 hours -
IGP inaugurates Ghana Police Music AcademyÂ
5 hours -
Proposed 5-year presidential term will be difficult for underperforming presidents to seek more – Prof Prempeh
5 hours -
Constitution review was inclusive, structured and effective – Prof Prempeh
6 hours -
Public urged to remain vigilant to ensure fire incident-free Christmas Â
6 hours -
Why the fight against neglected tropical diseases is far from over
6 hours -
Reported losses from gold operations in 2025 remain speculative – BoG
6 hours -
Fighting AIDS and STIs in Africa: UNFPA equips youth to turn data into action
6 hours -
Amaarae returns to Accra for homecoming concert
6 hours -
5-year term will be harsher on presidents, not kinder, says Constitution Review Chair
7 hours -
BoG set to exit gold trading business, describes IMF’s losses tag as premature
7 hours -
Minerals Commission Board member warns Blue Water Guards against bribes
7 hours
