Africa-Press – Angola. The African continent loses around US$300 billion annually due to the deficit in controlling the economic and financial flow, said this Friday in Luanda, the adviser to the United Nations Secretary-General for African Affairs, Cristina Duarte.
The statements were made at the First Women’s Forum for Peace and Democracy, where she spoke on “Challenges of Food Security and Climate Change on the Continent”.
According to the speaker, these numbers result from the instruments used for the design of public policies in Africa, since they are defined for development management and not for ending poverty.
“Managing poverty and managing development are completely different issues”, he underlined.
He explained that these values enter the international financial system and, after a few months, African countries again knock on the door of this system to request loans of their own money, with interest payment.
“Africa loses these values with its right hand and with its left hand it begs for debt suspension or renegotiation”, he said.
As for the issue of food security, the adviser to the UN Secretary-General referred that African nations have to be able to put into operation economies with high productivity and intensive labour, in order to be able to resolve the issue of stability on the continent.
With regard to the environmental situation, he underlined that every African citizen must be aware of the climate change situation, as food security and climate change in Africa should not be discussed without bringing up the energy issue.
Cristina Duarte’s profile
Cristina Duarte, born on September 2, 1962, headed a World Bank project for the private sector and was director of planning and studies at the Cape Verdean Ministry of Agriculture.
Cristina Duarte has 34 years of professional experience in public policy and project management for development.
He holds a master’s degree in business administration and international management and a bachelor’s degree in public policy. He headed the Finance and Planning portfolios in Cape Verde, between 2006 and 2016,
In 2014, Cristina Duarte was considered by Financial Afrik magazine as one of the 100 most influential people in Africa.
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