IMF’s Georgieva: Are global financial systems failing Africa? | International Monetary Fund

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IMF Managing Director Kristalina Georgieva on how the African Continental Free Commerce Space may cut back excessive poverty.

For hundreds of years, Africa has been plundered by overseas powers, who’ve seized territory and reaped the advantages of worthwhile commerce routes.

Regardless of Africa’s considerable pure sources, it stays the poorest continent.

A brand new report by the Worldwide Financial Fund (IMF) helps an African Union initiative to take away commerce obstacles to extend the stream of products amongst African nations. It says the African Continental Free Commerce Space may cut back excessive poverty.

We caught up with the IMF managing director whereas she was in Nairobi to endorse the AU initiative. Kristalina Georgieva talks to Al Jazeera.



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