Claver Gatete, Executive Secretary of the Economic Commission for Africa (ECA), delivered strong calls at various high-level sessions of Ministers of Foreign Affairs and of Finance, emphasizing the critical challenges and opportunities facing the African continent. His remarks underscored the necessity for Africa to assert its voice in global economic governance, particularly at a time when its influence is vital for addressing pressing issues.
In his address to the Ministers of Foreign Affairs, Gatete stated, “South Africa’s leadership during the G20 presents a monumental opportunity for Africa to amplify its voice on the international stage, articulating the aspirations of approximately 1.5 billion Africans.” He emphasized the importance of securing a prominent role for the continent in global economic discussions to navigate its complex economic landscape effectively.
A significant focus of Gatete’s intervention was the urgent issue of debt sustainability. He pointed out that around 20 African nations are currently grappling with severe debt distress and advocated for the establishment of a fair debt resolution framework that aligns with the developmental needs of African countries. “We must engage in robust advocacy to secure financial solutions that foster growth rather than hinder it,” he asserted. (Press release)
