President Cyril Ramaphosa has warned that many of Africa’s developmental gains may be reversed as the fight against the COVID-19 pandemic takes precedence over national priorities such poverty eradication.
In his weekly letter to the nation on the eve of Africa Day, President Ramaphosa says Africa must become a thriving and prosperous continent, not one on which people are struggling to survive.
Ramaphosa urges Africa to work towards rebuilding its economy:
At last week’s summit of a number of African leaders and French President Emmanuel Macron in Paris, President Ramphosa said it was established that leaders and international organisations share a collective responsibility to implement financial relief measures for African countries in distress.
He says the continent is pushing for a comprehensive economic stimulus package to assist in COVID-19 post-recovery, as well as greater allocation of International Monetary Fund (IMF) money to bolster the financial reserves of African countries.
This, however, must not be a substitute for official development aid and continental self-reliance.