Index Investing News
Monday, March 9, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Africa ‘brimming with hope and risk’: Guterres — International Points

by Index Investing News
February 16, 2025
in World
Reading Time: 3 mins read
A A
0
Home World
Share on FacebookShare on Twitter


“The partnership between the United Nations and the African Union has by no means been stronger,” stated the UN chief, placing a constructive tone from the outset. “Collectively, we see an Africa brimming with hope and risk.”

The Secretary-Common famous the “booming, enterprising” younger inhabitants of the continent and the wealth of renewable assets it affords, and expressed excessive hopes for the way forward for the African Continental Free Commerce Space, which goals to cut back commerce limitations between African international locations.

Mr. Guterres was talking on the primary day of the annual assembly of the regional group, held at African Union Headquarters in Addis Ababa, Ethiopia, amid battle and tensions in a number of AU member states, notably Sudan and the Democratic Republic of the Congo.

Time for reparations and reform

In a reference to the theme of this yr’s summit – Justice for Africans and Individuals of African Descent By way of Reparations – Mr. Guterres acknowledged that decolonization and independence, a serious preoccupation of the UN’s work throughout its early years, had not solved the underlying challenges confronted by Africans, a lot of that are a legacy of colonialism and the trans-Atlantic slave commerce, two “colossal and compounded injustices.”

Most of the UN’s member states have been nonetheless colonies when multilateral methods have been created within the mid-Twentieth Century, and the Secretary-Common pointed the finger on the want for reform of his personal group, describing the shortage of everlasting African illustration on at this time’s Safety Council as inexcusable. “I’ll maintain working with the African Union and all Member States to make sure the illustration Africa wants and the justice you deserve – together with with two everlasting members of the Safety Council,” he promised.

Mr. Guterres went on to reiterate calls he has made on a number of events for reform of the worldwide monetary structure, which is hampering the event of many African economies, beset by costly debt repayments and excessive borrowing prices, which limits their capability to spend money on training, well being and different important wants.

‘Sudan is being torn aside earlier than our eyes’

The UN chief outlined peace and safety as a precedence space for multilateral motion, drawing explicit consideration to Sudan, the most important displacement and famine disaster on this planet, and a rustic “being torn aside earlier than our eyes.” Right here, the robust hyperlinks between the African Union and the UN can present an “anchor” for a coalition to finish the conflict, he proposed.

As he spoke, worldwide broadcasters carried information of the most recent navy positive factors made by the M23 rebels within the Democratic Republic of the Congo (DRC). The group has reportedly entered Bukavu, DRC’s second metropolis, dealing with little resistance from the Congolese military.

The offensive threatens to “push your complete area over the precipice,” warned Mr. Guterres, including that there is no such thing as a navy resolution to the nation’s battle, and that it may possibly solely be solved by dialogue. In the meantime, he declared, MONUSCO, the UN peacekeeping pressure in DRC, will proceed to offer assist.

Drive progress in the direction of growth and a ‘renewables revolution’

Mr. Guterres then turned to growth, proposing that progress might be pushed by gender equality, clear power, meals methods transformation, and digitalization. The Pact for the Future, a landmark worldwide settlement adopted by the nations of the world in 2024, outlines assist for reforming the worldwide monetary structure, which at the moment sees African international locations pay as much as eight occasions extra to borrow than developed international locations, and commits wealthier nations to advancing a growth stimulus package deal of $500 billion a yr.

The local weather disaster was characterised as each the reason for quite a few disasters and a chance for the continent to play a number one function within the transition to a clear, low carbon international economic system.

UNECA/Daniel Getachew

UN Secretary-Common António Guterres delivers remarks on the 2025 African Union Summit in Addis Ababa, Ethiopia.

Africa at the moment receives simply two per cent of world renewables funding, however monetary reforms may assist the continent to develop into a “international clear power powerhouse,” and assist to redress an unjust state of affairs, wherein Africa suffers disproportionately from man-made modifications to the surroundings brought on by the actions of the developed world.

Bridging the “Digital Divide” by supporting Africa’s capability to learn from new expertise, notably synthetic intelligence, was additionally flagged by the Secretary-Common as a key space of concern. Virtually two-thirds of all Africans haven’t any dependable web entry, and by 2035 extra younger Africans will enter the job market yearly than the remainder of the world mixed. “They want the abilities to thrive,” he declared.

Forthcoming UN actions to assist enhance entry to the digital economic system embody a report on initiatives to assist the International South harness AI for the good thing about all, a proposal for an Worldwide Scientific Panel on AI, and a International Dialogue on AI Governance.



Source link

Tags: AfricabrimmingglobalguterresHopeIssuespossibility
ShareTweetShareShare
Previous Post

FPIs web promote home equities value Rs 21,272 crore up to now in February

Next Post

Everstake CEO Sergey Vasylchuk on Staking, Institutional Belief, and the Way forward for Blockchain Governance

Related Posts

Lebanon ‘dragged back into turmoil’, UN envoy warns — Global Issues

Lebanon ‘dragged back into turmoil’, UN envoy warns — Global Issues

by Index Investing News
March 8, 2026
0

Just a week ago, Lebanon had been “in relatively good shape”, Jeanine Hennis‑Plasschaert, the UN Special Coordinator for Lebanon, said...

U.S. Navy submarine destroys Iranian warship

U.S. Navy submarine destroys Iranian warship

by Index Investing News
March 4, 2026
0

Key PointsThe United States Navy sank the Iranian frigate IRIS Dana with a submarine-launched torpedo in the Indian Ocean near...

Inside Israel’s ‘normal’: Triumphalism and calm mix after attack on Iran | Israel-Iran conflict News

Inside Israel’s ‘normal’: Triumphalism and calm mix after attack on Iran | Israel-Iran conflict News

by Index Investing News
February 28, 2026
0

Listen to this article | 4 minsinfoCommentators within Israel have described a sense of business as usual in the wake of the...

Potential ‘holy grail’ nasal spray that may protect against COVID-19, flu and pneumonia aims for human trials

Potential ‘holy grail’ nasal spray that may protect against COVID-19, flu and pneumonia aims for human trials

by Index Investing News
February 24, 2026
0

The tool may be the next step in the once-mythical idea of a universal vaccine, researchers said. STANFORD, Calif. —...

Drone strike hits aid convoy, killing 3 in Sudan’s Kordofan region

Drone strike hits aid convoy, killing 3 in Sudan’s Kordofan region

by Index Investing News
February 20, 2026
0

CAIRO -- An aid convoy was hit by drone strikes Thursday, killing three people and wounding four aid workers as...

Next Post
Everstake CEO Sergey Vasylchuk on Staking, Institutional Belief, and the Way forward for Blockchain Governance

Everstake CEO Sergey Vasylchuk on Staking, Institutional Belief, and the Way forward for Blockchain Governance

Ken Wydro, Who Helped Create an Off Broadway Phenomenon, Dies at 81

Ken Wydro, Who Helped Create an Off Broadway Phenomenon, Dies at 81

RECOMMENDED

The tech year that was 2023

The tech year that was 2023

December 4, 2023
New York attorney general will seek sanctions on Trump

New York attorney general will seek sanctions on Trump

January 31, 2023
3 Massive Investment Trends Are Converging Now

3 Massive Investment Trends Are Converging Now

March 3, 2023
Women’s World Cup Diary: Day 11

Women’s World Cup Diary: Day 11

July 30, 2023
Berkshire Hathaway shares dip practically 3% after surprising Buffett exit and an earnings decline

Berkshire Hathaway shares dip practically 3% after surprising Buffett exit and an earnings decline

May 5, 2025
Chaos Strikes Tremendous Micro (Once more)

Chaos Strikes Tremendous Micro (Once more)

November 1, 2024
10 Rock Stable Dividend Shares For Many years Of Rising Earnings

10 Rock Stable Dividend Shares For Many years Of Rising Earnings

January 21, 2025
Simple Economic Ideas About Choice

Simple Economic Ideas About Choice

March 25, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

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