President John Dramani Mahama has emphasized the need for African nations to mobilize domestic resources to reduce reliance on external financing and achieve sustainable economic growth.
Delivering the keynote address at the Heads of State and Government breakfast dialogue at the African Union (AU) Commission headquarters in Addis Ababa, Ethiopia, President Mahama highlighted Africa's economic resilience.
He noted that growth projections indicate a recovery to 3.7% in 2024 and 4.03% in 2025, reflecting the effectiveness of policy interventions. "This optimistic outlook highlights the inherent strength of our economies and the effectiveness of policy interventions," he stated.
The event, held as a side meeting of the AU Summit, was hosted under the auspices of the Alliance of African Multilateral Financing Institutions, also known as the African Club.
