Africa: Ministers, Central Bank Governors Meet On Global Crisis

source: allAfrica
Daily Independent (Lagos)
Kingsley Ighomwenghian
29 March 2010

Finance Ministers and Central Bank governors from South Africa, Nigeria, Uganda, Tanzania, Senegal and Ethiopia began a two-day meeting hosted by the African Union and the United Nations Economic Commission for Africa, on Monday in Lilongwe, capital of Malawi.

According to a report by international newswire Bloomberg, the meeting will primarily assess the impact of the global economic recession on jobs on Africa, and find ways to boost economic growth by spurring regional trade.

The meeting is billed to discuss a report on the level of integration in Africa.

Maxwell Mkwezalamba, Commissioner for Economic Affairs at the African Union, told the AU and UN officials in Lilongwe on March 25 that “regional integration has played only a marginal role in most of our development. I do hope that you will make concrete and actionable recommendations as to the way forward.”

The crisis crippled growth across the [continue reading]

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