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Africa: Global Crisis 'Hits Africa Twice,' Says Kofi Annan
allAfrica, 27 March 2009
Africa is facing difficult times. The effects of the global economic recession and climate change have already begun to reverse the progress the continent has made over the last… Read more »
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Africa: Annan Sounds Alarm on Global Economic Crisis
allAfrica, 27 March 2009
A high-level panel of African leaders and development experts headed by former United Nations Secretary-General Kofi Annan issued a call Friday for reforms of global governance… Read more »
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Africa: African Union Must Join G20, Says SA Finance Minister
allAfrica, 27 March 2009
The last decade witnessed the dawn of hope on the African continent. We had achieved the fastest growth rates since independence. Our efforts to build institutions and strengthen… Read more »
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Africa: Global Crunch Gives Continent's Leaders Responsibilities
allAfrica, 27 March 2009
Although the current global economic crisis was triggered by the financial practices of industrialized nations, African leaders have important responsibilities to meet if they are… Read more »
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Malawi: Africa Needs Fair Trade More Than Aid, Says Finance Minister
Africa Progress Panel, 27 March 2009
There is little doubt that the current global financial crisis was triggered by the failure of regulatory authorities to arrest the systemic risk posed by the use of derivatives… Read more »
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Tanzania: Avoid Panic Over Global Crisis, Says Central Banker
Africa Progress Panel, 27 March 2009
The impact of the global financial crisis has been largely muted in many African countries. That is thanks in no small part to the prudent management of these economies in recent… Read more »
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Africa: Open G8 to More Heads of Govt, Says Ex-IMF Chief
Africa Progress Panel, 27 March 2009
There is little doubt that the poor pay a disproportionately high price for every disruption of the international system. Read more »
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Togo: PM Calls for Fiscal Responsibility From African Leaders
Africa Progress Panel, 27 March 2009
No debate has animated policy makers and academics since the severity of the economic downturn became clear than the need for a new global standard to regulate the international… Read more »
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Africa: Continent's Four Demands of IMF and World Bank
Africa Progress Panel, 27 March 2009
The global financial crisis has opened up an important opportunity for African Ministers of Finance and Central Bank Governors to push for more responsive and supportive… Read more »
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Africa: Global Crisis Will Hit Continent's Cities
Africa Progress Panel, 27 March 2009
Africa is not watching from the sidelines as the global crisis unfolds. Read more »
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Botswana: Africa's Growth to Slow by Half, Says Mogae
Africa Progress Panel, 27 March 2009
The numbers are out and they make for painful reading: growth in Africa is likely to slow by nearly half in 2009 due to the spreading global financial crisis. Read more »
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Botswana: Nurture Africa Through Hard Times, Says Bank Governor
Africa Progress Panel, 27 March 2009
It is no exaggeration to say that Africa played no role in triggering the current crisis. Read more »
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Africa: Continent Can Turn Crisis Into Opportunity
Africa Progress Panel, 27 March 2009
Africa has an opportunity, with a little creativity and foresight, to turn the current global economic slowdown into substantial reforms that could have lasting beneficial impact. Read more »