Audio By Carbonatix
The Minister of State at the Ministry of Finance, Dr. Mohammed Amin Adam has urged the economic managers of the advanced countries to be intentional about supporting and empowering emerging economies, by creating an enabling environment for international trade to thrive.
Dr. Mohammed Amin Adam made this call when he spoke in Nairobi at the just-ended African Climate Summit on the topic, ‘’From Commitment to Action, Creating Fiscal Space for Climate Action Agenda 2063 and the SDGs in Africa’’.
He bemoaned the situation where some policies of advanced countries indirectly stifled the economies of countries that were already in distress.
He furthered that on the basis of open and fair trade, Africa could also mobilize the needed resources that would enable the continent to augment capital inflows from development partners.
Andrew Mitchell, UK’s Minister of State for Development and Africa, in his remarks, pledged the British government’s support via increased funding to help Africa tackle Climate Change.
He stated that his government would issue a paper that would outline their objectives, commitment, and the necessary steps to be taken towards achieving those objectives.
Mr Mitchell also indicated that it was time to inject optimism into the fight against climate change.
Fitsum Assefa Adala, Ethiopia’s Minister for Planning and Development added that it was time for African money to work for Africa and that could be achieved through an honest assessment of economic performance.
She noted, ‘’by engaging in frank, honest assessment of our performance, we will be able to measure our progress and know where our resources really go”.
Latest Stories
-
More federal agents to be sent to Minnesota, Trump administration says
34 minutes -
Chalamet beats DiCaprio to Golden Globes glory
44 minutes -
Pro-Bawumia group launched in Belgium ahead of NPP primaries
55 minutes -
Mahama departs for World Economic Forum
1 hour -
Photos: Star glamour on the Golden Globes red carpet
1 hour -
US film stars Meagan Good and Jonathan Majors become Guinea citizens after DNA tests
2 hours -
He once criticised African leaders who cling to power. Now Museveni wants a 7th term
2 hours -
Malaysia and Indonesia block Musk’s Grok over sexually explicit deepfakes
2 hours -
US Justice Department opens criminal probe into Fed chair Jerome Powell
2 hours -
Meta blocks 550,000 accounts under Australia’s social media ban
2 hours -
Golden Globes 2026: The full list of winners and nominees
3 hours -
Asake reconciles with father, baby mama after viral accusations of abandonment
6 hours -
Wizkid becomes first African artist to surpass 10 billion streams on Spotify
6 hours -
Actor Yomi Gold hospitalised in Morocco after sudden health scare
6 hours -
Sabalenka beats Kostyuk to win third Brisbane title
6 hours
