The G7 hold over 50% of global net wealth: Why is it in their interest to strengthen the economic recovery of Africa? How can Africa create a return on investments for G7 countries?
With 35 selected experts from business, politics and civil society, the topics of Recovery, Preparedness and Resilience in Times of Crises were discussed at The Africa Roundtable in Berlin on May 12, 2022. The overall message of the forum was to not succumb to despair in the face of multiple crises, but to use the urgency of the situation to take action. Crises can be catalysts for change and call for a reassessment of previous cooperation. Geopolitical shifts direct attention towards Africa as a strategic partner and demand the courage to take risks, to innovate, and to invest. Guests agreed that getting into action is crucial, especially now, as the G7 summit is taking place in Germany.
To address various economic, financial and health challenges in a sustainable and collaborative manner, the the G7 and Africa must work even more closely together. To assure Africa’s voice to be heard reforms of multilateral organizations are crucial as well as a possible seat for the African Union within the G20, like the one held by the European Union.
With Dr Obiageli ‘Oby’ Ezekwesili, who was a key speaker at the The Africa Roundtable, our Co-Host Christine Mhundwa will discuss recommendations for actions: fostering economic recovery, strengthening financial inclusion and securing food basis, enabling African representation while protecting the environment and ensuring health and preparedness.
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