https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / South African News RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

Long way to building peaceful, prosperous continent – Ramaphosa


Close

Long way to building peaceful, prosperous continent – Ramaphosa

Should you have feedback on this article, please complete the fields below.

Please indicate if your feedback is in the form of a letter to the editor that you wish to have published. If so, please be aware that we require that you keep your feedback to below 300 words and we will consider its publication online or in Creamer Media’s print publications, at Creamer Media’s discretion.

We also welcome factual corrections and tip-offs and will protect the identity of our sources, please indicate if this is your wish in your feedback below.


Close

Embed Video

Long way to building peaceful, prosperous continent – Ramaphosa

President Cyril Ramaphosa
President Cyril Ramaphosa

24th May 2021

By: Sane Dhlamini
Creamer Media Senior Contributing Editor and Researcher

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

President Cyril Ramaphosa said on Monday that there is a huge task at hand to build a better life for all the people of Africa as the continent gears up to celebrate Africa Day on Tuesday.

In his weekly newsletter to the nation Ramaphosa said Africans had become accustomed to seeing images such as the one seen last week of a young boy adrift off the coast of the Spanish enclave of Ceuta.

Advertisement

According to relief organisations more than 20 000 people have lost their lives trying to cross the Mediterranean since 2014.

“As we observe Africa Day tomorrow, these tragic stories remind us of the huge task we have to build a better life for all the people of Africa. While we celebrate the progress we have made towards building a peaceful and prosperous continent, events in faraway North Africa show that we still have a long way to go,” Ramaphosa said.

Advertisement

He said life was difficult for millions of people in Africa and that limited opportunities lead to people risking their lives by crossing the sea in pursuit of a better future.    

He added that the novel coronavirus (Covid-19) pandemic had made people already suffering from the effects of conflict, under-development and poverty even more vulnerable.

African economies had been severely damaged and growth prospects were greatly diminished, he pointed out, warning that many of the continent’s developmental gains may be reversed as the fight against the pandemic takes precedence over other national priorities such as poverty eradication.   

He noted that while low-income countries were especially vulnerable, middle income countries, such as South Africa, had also been severely hit.

Ramaphosa shared that to support the continent’s economic recovery, African governments have been working through the African Union (AU) to mobilise significant financing to meet their developmental goals.

Last week, he joined several African leaders at a summit in Paris hosted by French President Emmanuel Macron to discuss the financing of African economies post-Covid-19.

At the summit, South Africa reiterated its support for a comprehensive and robust economic stimulus package for Africa to aid the recovery.

Ramaphosa said this, however, should not be a substitute for official development aid.

Financial institutions such as the World Bank and International Monetary Fund (IMF) offered to support low- and middle-income countries and called for further measures to support vulnerable countries.

This would include an allocation by the IMF of Special Drawing Rights, where on the basis of membership quotas, around $33-billion would be released to increase the reserves of African countries.

However, African leaders have argued that $33-billion will not be enough for the challenges across the continent.

As the more developed economies are set to receive much of the $650-billion of Special Drawing Rights, Ramaphosa said African leaders believe that 25%, or $162.5-billion, should be made available to African countries.

Other measures would include increased concessional financing by international institutions and development agencies, and additional measures led by the G20 countries to provide African countries with debt relief.

“In what was described as a New Deal for Africa, leaders and international organisations recognised that we share a collective responsibility to implement financial relief measures for African countries in distress,” he said.

Covid-19 has shown the importance of collaboration between African countries and international partners, he said, adding that gains as a continent have come about through Africa’s own capabilities and through working with the international community.

Ramaphosa said African countries wanted to help themselves and not be told what was good for them.

“The principle of ‘nothing about us without us’ should be applied. It is important that we affirm our sovereignty as free and independent States capable of determining the destiny of our continent,” he affirmed.

 

EMAIL THIS ARTICLE      SAVE THIS ARTICLE      ARTICLE ENQUIRY      FEEDBACK

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here


About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za