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USD 1.3 billion financing gap for MDGs in Africa

How can we secure the future of the African economy in an era of growing global uncertainty? This is the question that a number of experts are trying to answer in Gaborone, the capital of Botswana. They are here for the 2024 edition of the African Economic Conference, whose opening ceremony was attended by the new President of the Republic of Botswana.

‘Meeting global challenges in these uncertain times requires a multi-dimensional approach that takes into account human development, geopolitics, the economy, the environment and the social economy. Despite this, all hope is not lost. In the midst of growing uncertainty, Africa still has unique prospects which, if harnessed effectively, can turn challenges into opportunities so that the continent doesn’t just survive but thrives.

Warm up GIDEON BOKO, President of the RepublicBotswana

Solutions inspired by African realities, which in turn must inspire action, according to the President of Botswana. These realities mean that more than 470 million Africans today live in poverty, including 149 million who have fallen into this category as a result of climate shocks.

Claver GATETE, Executive Secretary, ECARwanda

The development of regional value chains, better mobilisation of domestic resources and the digitalisation of services in general are just some of the solutions recommended by these experts to ensure a sustainable economy in Africa.

**How can African ‍nations leverage the African Continental Free Trade Area (AfCFTA) to overcome historical trade barriers and promote intra-African economic integration, ultimately contributing to sustainable ‌growth and poverty reduction?**

## Securing Africa’s Future: An Interview

**Introduction**

Welcome‍ to World Today News. We’re ‍here today discussing the future of the African economy in a time of global uncertainty. This crucial ​topic is being explored at the 2024 African Economic Conference in Gaborone,⁣ Botswana, where experts are gathering to brainstorm solutions. ‍To ‍delve deeper into this vital conversation, we’re joined by two distinguished guests:

* **His Excellency Gideon Boko**, President ‍of the ⁢Republic of Botswana.

* **Mr. Claver Gatete**, Executive Secretary of the⁣ Economic Commission for Africa (ECA) in Rwanda.

**Section 1:‌ The Challenges Facing Africa**

* **Mr. President, you stated that addressing global challenges requires a multi-dimensional‌ approach. Could you elaborate on the specific challenges Africa faces in this uncertain global landscape? What are the ​most pressing threats to economic growth and prosperity on‌ the continent?**

* **Mr.⁣ Gatete, the​ article mentions that over 470 million Africans live in poverty, with⁢ a‍ significant number pushed into this⁣ situation ‍by climate shocks. How can African⁢ nations effectively⁣ address both the persistent ‍issue of poverty and the increasing impact‍ of climate change on their ‍economies?**

**Section‍ 2: ⁣Harnessing Unique African Prospects**

* **Mr. President,⁤ despite the challenges, ⁤you emphasized Africa’s unique⁢ prospects. What are these prospects, and how can they be leveraged ‍to transform challenges into opportunities for sustainable growth and⁤ development?**

* **Mr.⁢ Gatete, the article highlights solutions like developing‍ regional ​value chains, mobilizing domestic resources, and digitalizing services. Could you provide specific examples of how these‍ strategies can be implemented successfully in‍ various African contexts? What are⁤ the ‍potential obstacles, ⁢and how can they be overcome?**

**Section 3: African Solutions ‍for African Problems**

* **Mr. President, you stressed⁣ the importance of “solutions inspired by African realities.” Could you elaborate on what this​ means in practice? How can African‌ governments and institutions work together to develop‍ and⁤ implement homegrown solutions that are tailored to the continent’s specific needs?**

* **Mr.⁤ Gatete, how⁢ can international partnerships and⁣ cooperation⁢ support Africa’s efforts‍ to secure its economic future? What role can developed nations and international organizations play without ⁢imposing their own agendas?**

**Section 4: Looking to the Future: A Vision for Africa**

* **Mr. ⁤President, what ​is your‌ vision for the ⁣African economy ⁣in the next decade? What are the key milestones ⁣you ‍hope​ to see achieved?**

* **Mr. Gatete, what message ‍would you like to convey to⁣ African youth and the global community regarding the potential of the African continent? How can ⁢we work together to ensure a prosperous and sustainable ‍future for all?**

**Conclusion**

This has‍ been a valuable ⁣discussion highlighting the complexities and ⁣potential of the ⁣African economy. We thank President⁤ Boko and Mr.​ Gatete for sharing their insights and expertise. As we navigate these uncertain times, it is crucial to continue the dialog and collaborate on solutions that empower Africa to⁢ thrive.

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