President of African Development Bank Akinwumi Adesina (r) and Egypt’s Minister of Planning Hala El Said in Aswan Forum on March 1, 202. President of African Development Bank (AfDB) Akinwumi Adesina stated that Africa loses $7-8 billion per annum because of climate change. Since COVID-19 has made creating jobs and achieving self-sufficiency priorities, Adesina pointed out that "we need to create an industrial manufacturing zone." "Digital economy and agriculture were the most resilient sectors during the pandemic," Minister El Said elaborated showcasing that LE100 billion have been allocated as a relief package. Japan’s State Minister of Foreign Affairs Washio Eiichiro pointed out that the pandemic showed the vulnerability of state institutors in a number of African states.

Source: Egypt Today March 01, 2021 18:45 UTC