Summit in Abidjan tries to mobilize 120 bln USD for poor countries


  • World
  • Friday, 11 Oct 2024

ABIDJAN, Oct. 10 (Xinhua) -- International finance actors, policymakers, representatives from the private sector, and civil society have gathered in Abidjan for a summit aimed at supporting the fundraising campaign for the International Development Association (IDA), a World Bank institution dedicated to assisting poor countries.

At the opening of the summit, dubbed the Assembly for Africa's Economic Development, Cote d'Ivoire's Minister of Economy, Planning, and Development Kaba Nialé stated that the goal is to mobilize 120 billion U.S. dollars for the development of the world's poorest countries, the vast majority of which are located in Africa.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

US strategy document says Europe risks 'civilisational erasure'
Many displaced in Mozambique as violence spreads and aid runs short, UN says
US man accused of planting pipe bombs ahead of Capitol riot to appear in court
'We're not trash' Minnesota Somalis fearful but defiant after Trump insults
Exclusive-US sets 2027 deadline for Europe-led NATO defense, officials say
Congo fighting flares within hours of Trump's peace deal ceremony
German parliament backs controversial military service law amid Russian threat
Indonesian military steps up relief for flood-hit Sumatra; death toll above 860
Kremlin says Russia is encouraged by talks with US, ready to engage further
Russia says Ukrainian attack caused fire at Azov Sea port of Temryuk

Others Also Read