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Post-COVID economic and social recovery: the need to replace false ideas and prejudices about Africa

24/10/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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As part of the 2023 edition of the “Eminent Kofi Annan Speakers” organized by the African Development Bank (BAD ) on October 20, 2023, the former president of the World Bank Group, Jim Yong Kim, spoke via video conference. In his speech, he stressed the need to replace false ideas and prejudices about Africa to allow his expectations to be more effectively taken into account in the mobilization and distribution of financial resources as part of post-COVID economic and social recovery

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“The change in the global financing architecture: the involvement of multilateral development banks in post-COVID recovery” was the theme around this edition of the “Eminent Kofi Annan Speakers”. During the discussions, Jim Jong Kim said that “we need to change misperceptions about the continent” to allow it to benefit from resource advantages. According to the latter, several projects have had difficulty being implemented in Africa because of this erroneous reading of the continent that has long been made. Also, Jim Yong Kim, who is also Vice President and Partner at Global Infrastructure Partners style="font-family: "Bookman Old Style”, "serif"">, has linked learning to stunted growth and its effect on children. africans.

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