cover image: 2024 Ibrahim Forum Report - Financing Africa: Where is the money?

2024 Ibrahim Forum Report - Financing Africa: Where is the money?

21 Jun 2024

Development: in Africa, development agendas are far  from being achieved UN’s Sustainable AU’s Agenda 2063 Development Goals Nearly two thirds of the way to the UN’s SDGs deadline of 2030, At the end of the First Ten-Year Implementation Plan (FTYIP) only 2 out of the 17 SDGs show significant progress in Africa. [...] remittances have more than tripled to • The combined worth of Africa’s pension reach $97.6 billion, equivalent to 3.5% of • Most African SWFs function as stabilisation fund assets is $205.9 billion as of 2022, the continent’s GDP. [...] • African SWFs face criticism for is nearly 60% of Africa’s total pension assets a lack of transparency in their investments and almost 4 times larger than the second and lack of investment in their own continent. [...] Africa’s assets for the global future economy By 2100, Africa’s 30% of the world’s youth will amount reserves of critical to about 50% of minerals the world’s youth 9 out of the world’s 20 fastest growing 65% of the world’s economies in 2024 arable land are in Africa Upgrading Africa’s place in global value chains Currently, Africa’s global value chain involvement is still Selected Free Trade Agre. [...] (AfCFTA) is already the world’s single largest market in terms of population, number of countries and territory Monetising Africa’s green assets African countries: key low carbon minerals (2021-2022) Morocco (2022): over 2/3 of global Zambia (2021): world's primary exporter phosphate rock reserves of unrefined copper Africa holds 30% of the world’s mineral Mozambique (2022): world's 2 nd largest p.

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Pages
34
Published in
United Kingdom

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