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Africa needs unconventional ideas: El-Sisi

President El-Sisi said Africa needs unconventional ideas and financing solutions to address pressing issues such as climate change and sustainability.
24.05.23 | Source: Ahram Online

El-Sisi made his remarks on Tuesday during the opening ceremony of the 58th Annual Meetings of the Board of Governors of the African Development Bank (AfDB) and the 49th Meetings of the Board of Governors of the African Development Fund.


This year’s meetings take place in Sharm El-Sheikh from 22-26 May, under the theme "Mobilizing Private Sector Financing for Climate and Green Growth in Africa."


During his address, the president emphasized the urgent global challenges and their profound impact on the African continent, including the COVID-19 pandemic and the Russian-Ukrainian conflict.


"Africa requires $200 billion annually to achieve the Sustainable Development Goals (SDGs), $144 billion annually to address the repercussions of COVID-19 and $108 billion annually to fund infrastructure development projects."

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