Africa finds itself at the precipice of an economic crisis. The COVID-19 (coronavirus) outbreak has set off the first recession in the Sub-Saharan Africa region in 25 years, with growth forecast at -5.1% in 2020 from a modest 2.4% in 2019, according to the latest Africa’s Pulse, the World Bank’s bi-annual analysis of the state of the region’s economies. This puts the gains made along the various dimensions of the UN SDGs at risk.
A juxtaposition of the aforementioned facts against the swift, urgent and lethal character of the Coronavirus(Covid-19) pandemic highlights a looming threat to the modest gains made with UN SDG programming and execution; this brings into sharp focus the necessity for an urgent call to action Today.
"This great potential of the african diaspora to facilitate sustainable development in Africa has been argued by diverse studies and advocated by the World Bank, IMF, African Development Bank, diaspora organizations and a wide range of other reputable institutions. However, there is a big gap between the stated potential, declared enthusiasm and general rhetoric about diaspora support, and the actual reality in the diaspora marketplace". - Dr. Gibril Faal, African Union Report.
Capital Markets & Capital
IMF |World Bank|AfDB|IDFC
Ministers of Finance
Business and Foundation Leaders
African Diaspora Organizations
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Feasibility of a 1 Billion Dollar Capital Raise
Capital Structuring - Special Purpose Acquisition Companies|Bonds|Mutual Funds| Hybrid|Others
Sponsors | Stakeholders| Implementation Team