+
Sitharaman urges G7/G20 support for Africa
ECONOMY & POLICY

Sitharaman urges G7/G20 support for Africa

Finance Minister Nirmala Sitharaman has called on G7 and G20 nations to intensify their support for African nations, emphasizing the importance of international cooperation in addressing the continent's challenges. Speaking at a recent forum, Sitharaman highlighted the pressing need for financial assistance and sustainable development initiatives to bolster economic growth in Africa.

Sitharaman's appeal comes amid ongoing discussions about the global economic landscape, where African countries face significant hurdles, including debt distress, climate change impacts, and limited access to essential services. She stressed that concerted efforts from developed nations are crucial in helping Africa navigate these issues and achieve its developmental goals.

The Finance Minister underscored the potential of African nations to contribute to the global economy if provided with adequate support and resources. By fostering partnerships and enhancing financial flows, G7 and G20 countries can play a pivotal role in empowering African economies, creating jobs, and promoting inclusive growth.

This call for action aligns with broader global efforts to strengthen the economic resilience of developing nations, with a particular focus on Africa. Sitharaman's remarks echo the sentiments of many leaders who advocate for increased collaboration to tackle global challenges collectively.

As discussions continue, the emphasis on Africa's economic development serves as a reminder of the interconnectedness of the global economy and the shared responsibility of nations to support one another in achieving sustainable growth and prosperity.

Finance Minister Nirmala Sitharaman has called on G7 and G20 nations to intensify their support for African nations, emphasizing the importance of international cooperation in addressing the continent's challenges. Speaking at a recent forum, Sitharaman highlighted the pressing need for financial assistance and sustainable development initiatives to bolster economic growth in Africa. Sitharaman's appeal comes amid ongoing discussions about the global economic landscape, where African countries face significant hurdles, including debt distress, climate change impacts, and limited access to essential services. She stressed that concerted efforts from developed nations are crucial in helping Africa navigate these issues and achieve its developmental goals. The Finance Minister underscored the potential of African nations to contribute to the global economy if provided with adequate support and resources. By fostering partnerships and enhancing financial flows, G7 and G20 countries can play a pivotal role in empowering African economies, creating jobs, and promoting inclusive growth. This call for action aligns with broader global efforts to strengthen the economic resilience of developing nations, with a particular focus on Africa. Sitharaman's remarks echo the sentiments of many leaders who advocate for increased collaboration to tackle global challenges collectively. As discussions continue, the emphasis on Africa's economic development serves as a reminder of the interconnectedness of the global economy and the shared responsibility of nations to support one another in achieving sustainable growth and prosperity.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code