Sunday, July 3, 2022
  • Login
Upgrade
The Southern African Times
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs
No Result
View All Result
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs
No Result
View All Result
The Southern African Times
No Result
View All Result
Home Finance

UN urges Africa to tap into private finance to achieve SDGs

by SAT Reporter
May 24, 2022
in Finance
0
UN urges Africa to tap into private finance to achieve SDGs
0
VIEWS

African governments should tap into private finance in order to achieve the Sustainable Development Goals (SDGs), a United Nations official said on Tuesday.

Walid Badawi, the United Nations Development Programme (UNDP) resident representative in Kenya, told a forum in Nairobi Kenya’s capital that the issue of SDGs financing poses a serious challenge as government and other traditional sources of funding are not sufficient.

“Recent trends in shifting funding and reductions in aid budgets from developed countries will significantly hamper Africa’s ability to reach the 2030 Sustainable Development Goals. So the continent must tap into other larger and more sustainable forms of financing from the private sector,” Badawi said during the high-level symposium on SDG investment mobilization for Africa.

He revealed that Africa is off track in the achievement of many of the 17 global goals that seek to create a more sustainable future for all.

He noted that in order to attract private funding, Africa must develop innovative financial models to ensure investors can achieve returns by investing in SDG areas.

Arif Neky, Senior Advisor for UN Strategic Partnerships and Coordinator of the SDG Partnership Platform in Kenya said that there is need for innovations in financial instruments to respond to the ever-changing and evolving contexts involved in attaining the SDGs.

Neky observed that public investments should be leveraged to attract significant sums of private capital through private sector partnerships and innovative financing instruments.

Tags: Africa NewsAfrican business newsBusinessContentSDGsUnited Nation
Previous Post

Zimbabwe president urges emphasis on the digital economy

Next Post

Chinese firm to invest 300 mln USD in Zimbabwe’s lithium mine

SAT Reporter

Related Posts

The impact of digital credit in low-income countries
Finance

The impact of digital credit in low-income countries

by SAT Reporter
July 1, 2022
AU to extend insurance to agriculture, green energy sectors

AU to extend insurance to agriculture, green energy sectors

by SAT Reporter
June 29, 2022
Zimbabwe to legislate use of U.S. dollar for next five years
Finance

Zimbabwe to legislate use of U.S. dollar for next five years

by SAT Reporter
June 28, 2022
African ministers speak out on impact of global food crisis
Finance

African ministers speak out on impact of global food crisis

by SAT Reporter
June 28, 2022
Zimbabwe’s central bank announces measures to stabilise  price of bread

Zimbabwean Central Bank introduces gold coins as store of Value

by SAT Reporter
June 27, 2022
Next Post
Chinese firm to invest 300 mln USD in Zimbabwe’s lithium mine

Chinese firm to invest 300 mln USD in Zimbabwe's lithium mine

Premium Content

South African GVT says – 30% of all Netflix, Showmax shows must be Local

South African GVT says – 30% of all Netflix, Showmax shows must be Local

November 26, 2020
Bank in Botswana establishes online skills center for youth

Bank in Botswana establishes online skills center for youth

July 27, 2021
Huawei, Kunlun and China’s tech giants drive a quiet revolution in African  fintech

Huawei, Kunlun and China’s tech giants drive a quiet revolution in African fintech

August 10, 2021

Browse by Category

  • African Continental Free Trade Area
  • African Start ups
  • Algeria
  • Analysis
  • Angola
  • Asia
  • BOTSWANA
  • Botswana
  • Burkina Faso
  • Burundi
  • Business
  • Business
  • Cameroon
  • Central Africa
  • China
  • Climate Change
  • Climate Changev
  • Congo Republic
  • COVID 19
  • Culture
  • Democratic Republic of Congo
  • Eastern Africa
  • Egypt
  • Entertainment
  • Environment
  • Ethiopia
  • Europe
  • Fashion
  • Finance
  • Food
  • Food and Drink
  • Foods
  • Ghana
  • Global
  • Guinea
  • Health
  • Immigration
  • in Southern Africa
  • International news
  • Just In
  • Kenya
  • Lesotho
  • Libya
  • Life Style
  • Lifestyle
  • Malawi
  • Malawi
  • Mali
  • Markets
  • Middle East
  • Mozambique
  • Namibia
  • Nigeria
  • North Africa
  • Opinion
  • Politics
  • Rwanda
  • Senegal
  • Seychelles
  • South Africa
  • South Sudan
  • Sports
  • Startup Africa
  • STOCK EXCHANGE
  • Tanzania
  • Tech
  • Togo
  • Travel
  • Travel
  • Tunisia
  • Uganda
  • Uncategorized
  • West Africa
  • World
  • World
  • ZAMBIA
  • Zambia
  • ZIMBABWE
  • Zimbabwe

Browse by Tags

African business news Africa New Africa News african footballer African investments african markets African news African start-up banking Business China Classic Content currency Egypt Explore Bali Finance football Life Style mali news Markets Market Stories Namibia news Nigeria Oilandgas Opinion Pandemic Politics Premium reserve bank of Zambia Russia South Africa Southern African News sports Stay Home Travel United Stated Vaccine Work From Home Wuhan Zambia Zimbabwe Zimbabwe Harare Manufacturing Africa Employment creationn Zimbabwe job creation

WHO WE ARE

The Southern African Times is a regional bloc digital newspaper that covers Southern African and the world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.

Facebook Twitter Youtube Instagram Rss

Copyright © 2022 The Southern African Times | Powered by The Southern African Times

Privacy Policy

Terms and Conditions

  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?