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May 20, 2021
PARIS (AP) More than 20 African heads of state and top officials from European governments, the European Union (EU) and the International Monetary Fund (IMF) agreed on Tuesday to seek an additional USD100 billion for reviving Africa’s economies crippled by the COVID-19 pandemic.
French President Emmanuel Macron hosted the Paris summit aimed at finding ways to help Africa face the crisis and return to growth, with the support of international organisations, including the IMF, the World Bank and the African Union (AU).
Macron called on the international community to set a “new deal” for Africa nations. He said the financing needs of the continent are estimated at about USD300 billion by 2025.
Sylvie Corbet
Nigeria s President Muhammadu Buhari, left, salutes the Director-General of the World Trade Organization Ngozi Okonjo-Iweala before the opening session at the Summit on the Financing of African Economies Tuesday, May 18, 2021 in Paris. More than twenty heads of state and government from Africa are holding talks in Paris with heads of international organizations on how to revive the economy of the continent, deeply impacted by the consequences of the COVID-19 pandemic. (Photo by Ludovic Marin, Pool via AP) May 18, 2021 - 2:01 PM
PARIS (AP) â More than 20 African heads of state and top officials from European governments, the European Union and the International Monetary Fund agreed Tuesday to seek an additional $100 billion for reviving Africa s economies crippled by the COVID-19 pandemic.