African Union Chairman and Congo President Felix Tshisekedi Monday arrived in Paris (France).
He will today, Tuesday May 18 participate in the international summit on the financing of African economies.
The objective of this meeting is to support African economies affected by the effects of the coronavirus pandemic.
The objective of this summit is to put in place massive financial support to African countries, in particular through special drawing rights granted by the International Monetary Fund (IMF), and to lay the foundations for a new cycle of growth on the continent (in recession in 2020, a first for twenty-five years).
The issue of debt cancellation for African countries will also be addressed.
It will be about putting in place financial means capable of reviving the economy of the African continent.
The continent’s GDP is expected to experience its first recession in 25 years in 2021, with a decline of 2.1%, according to official figures.
Organized by French President Emmanuel Macron, this summit follows the broadcast of a forum of 18 African and European leaders, published on April 15, 2020, in favor of mobilizing the international community to face the consequences of the health crisis and economic damage caused in Africa by the pandemic.
Uhuru Kenyatta (Kenya), Alpha Condé (Guinea), Denis Sassou Nguesso (Congo), Alassane Ouattara (Ivory Coast), Macky Sall (Senegal), Muhammadu Buhari (Nigeria), Paul Kagame (Rwanda), Cyril Ramaphosa (RSA ), João Lourenço (Angola), will also be part of the summit.