Zim Tackles Climate Change & Innovation At Africa Finance Minister’s Conference

By Ross Moyo
The recent African Central Bank Governor’s and Ministers of Finance and Economic Development conference held in Victoria falls culminated with the Governor’s of Africa’s Apex Banks and their Minister’s of Finance addressing climate related challenges, also adding this year’s theme which provided a platform to proffer strategies and actions for leveraging public and private sector investment, sustainable debt practices and innovative financing tools.
“As discussed in both the expert and the ministerial segments of our meeting, economic growth in Africa remained subdued in 2023, amid tight monetary policies, low demand for African exports and global factors such as the geopolitical tensions, leading to elevated food and fuel costs, as well as limited fiscal space,” Minister of Finance, Prof Mthuli Ncube said in an exclusive zoom meeting TechnoMag took part of.
“This is also being compounded by the imposition of unilateral sanctions on some African member states by the developed world.”
The Minister of Finance and his African continent’s counterparts read from the same page sharing notes on how Africa can finance the fight against climate change.