• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, October 24, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Inclusive efforts will foster Africa’s recovery from challenges – ECA

Africa

The Matters Press by The Matters Press
February 14, 2023
Reading Time: 2 mins read
0
UNECA urges media to pressure govts on policies

The Economic Commission for Africa (ECA), said Africa’s recovery from its various challenges should be inclusive to foster equal opportunity for all.

RELATED POSTS

Think tank blames historically poor management of resources on Nigeria’s high poverty prevalence

Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria

‎IMPI revises inflation rate projection to 14% from 17% for December

The Executive Secretary, ECA, Mr Antonio Pedro, at a virtual news briefing on Monday in Abuja, listed some of the challenges to include climate change and COVID-19 pandemic, among others.

The briefing was on the 55th Session of the Conference of African Ministers of Finance, Planning and Economic Development of the ECA.

The theme of the conference is: “Fostering Recovery and Transformation in Africa to Reduce Inequalities and Vulnerabilities.’’

According to Pedro, the conference aims to renew focus and action on reducing poverty, inequality and other factors that have left the African population continuously vulnerable to these scourges.

He said, “recovery efforts must be pro-poor and inclusive, with a view to fostering a new social contract that offers equal opportunity for all.

“Considerable opportunities to reach these goals exist on the continent and beyond, including through activities carried out under the African Continental Free Trade Area (AfCFTA), green investments, digital transformation and reforms to the global financial architecture.”

Pedro said the ministerial segment would include three roundtable discussions, to allow the ministers and participants engage on policies and interventions to foster resilience.

He said that discussions would be on socio-economic implications of climate change and opportunities to leverage green finance and harnessing the AfCFTA for economic resilience and inclusion.

In response to how the recovery should be, Pedro said it was important that Africa’s growth does not leave anyone behind.

According to him, if we do so, then the social contract that is key to have stable stability and prosperity will be completely disrupted.

“So, we can do this in the design of our policies and the implementation of our policies.

“First, the design has to be consultative so that the needs, the priorities, the expectations of all the stakeholders are incorporated in the policy instruments that are designed.

“This requires an effort in mapping, in desegregating the data,” he said.

The executive secretary said the design and implementation of the AfCFTA needed to incorporate small and medium enterprises and the informal sector to be part of the agenda.

He said that Africa could utilise industrial policy instruments such as local content.

“Meaning that we have to create instruments to enable local communities where some of our major projects are localised.

“The communities that have access to employment opportunities, to the provision of services and goods that are part of that particular business chain.”

The conference would take place from March 15 to March17 followed by the ministerial segment of the conference on March 20 to March 21 in Addis Ababa, Ethiopia.

Tags: Africa
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Think tank blames historically poor management of resources on Nigeria’s high poverty prevalence

October 24, 2025
POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria

October 22, 2025
NBS reports increase in Inflation
Economy/Technology

‎IMPI revises inflation rate projection to 14% from 17% for December

October 22, 2025
CSOs give  thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria
Agriculture

CSOs give thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria

October 22, 2025
Standing With the Bello Family – Justice Must Never Be Cheapened
Energy

Standing With the Bello Family – Justice Must Never Be Cheapened

October 17, 2025
You led with distinction, CG of Customs, hails former boss,  Mohammed at 80
Economy/Technology

You led with distinction, CG of Customs, hails former boss, Mohammed at 80

October 10, 2025
Next Post
TAJBank improves operations drive, opens Apapa branch

TAJBank improves operations drive, opens Apapa branch

Fraud in banking sector, mostly insider instigated

Banking industry remains strong, focused — CIBN

Recommended Stories

Nigeria disburses N56bn to MSMEs

7th MSMEs fair kicks off in Lagos

June 29, 2022
Nigeria’s N17.1trn budget to gets presidential accent on Friday

Historic capital vote in Nigeria’s 2025 budget, a reflection of pro-development mindset – TMSG, TMV

February 20, 2025
INEC’s Chairman visits Ooni, talks at Oduduwa Varsity

Conflicting court orders worry INEC

June 26, 2020

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Think tank blames historically poor management of resources on Nigeria’s high poverty prevalence
  • Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria
  • ‎IMPI revises inflation rate projection to 14% from 17% for December

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us