Africa facing tall development financing order

Rising debt levels and projected double-digit declines in official development assistance have highlighted the dire need for action plans that will enable Africa to pay for its own development, the African Tax Administration Forum (Ataf) cautions.

Africa needs $1.6 trillion to achieve its Sustainable Development Goals by 2030. This translates to additional funding requirements of $194 billion per annum.Rising debt levels and projected double-digit declines in official development assistance have highlighted the dire need for action plans that will enable Africa to pay for its own development, the African Tax Administration…

Subscribe to read full article. Subscribe today

Related posts

Emirates and South African Airways expand codeshare partnership

Southern Africa payments hub eyes more currencies to boost trade

African central banks set to hold rates as inflation fears grow

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More