Speaking at the 2021 Annual Meetings of the African Development Bank Group, which was held virtually, Mr Ofori-Atta said it is imperative to find solutions to the risk the pandemic has brought to the African Continent. He said failure to address risks such as reduced capital inflows into Africa and lasting economic damage from the COVID-19 pandemic will slow down the continent’s full and timely recovery process. “As we advance, building back, greener and better, we would require the AfDB to show leadership to address 3 critical categories of risks, namely the risk of greater pandemic resurgence which will affect African countries disproportionately. The risk of reduced capital inflows because of the perceived economic effects of the pandemic’s resurgence. The risk of lasting economic damage from the pandemic exacerbating poverty and inequality within African countries,” he said.

Source: GhanaWeb June 25, 2021 16:18 UTC