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Mohieldin Highlights Africa’s Investment Potential
Dr. Mahmoud Mohieldin, the UN Special Envoy for Financing the Sustainable Development Agenda, called for increased investment and cooperation with the private sector in Africa, with a focus on agriculture, industry, and technology sectors. The goal is to capitalize on the continent’s high growth rates and its young population, which averages 19 years. He emphasized the importance of optimizing the use of artificial intelligence in fields such as medicine, education, and improving labor market efficiency, while also mitigating its associated risks. Additionally, he highlighted the need to invest in natural resources within Africa to manufacture them locally rather than exporting them as raw materials, noting significant opportunities to integrate resources like copper into higher value-added supply chains. He also stressed the importance of investing in infrastructure, education, and training, as well as activating joint projects between African countries and regional financial institutions to foster growth and sustainable development.
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