https://en.sputniknews.africa/20250130/conflicts-in-africa-cause-both-immediate-and-future-losses-senegalese-economist-says-1070434802.html
Conflicts in Africa Cause Both 'Immediate and Future Losses,' Senegalese Economist Says
Conflicts in Africa Cause Both 'Immediate and Future Losses,' Senegalese Economist Says
Sputnik Africa
Conflicts ongoing in Africa significantly hinder its potential, costing the continent nearly $18 billion each year and displacing millions of people, Kenyan... 30.01.2025, Sputnik Africa
2025-01-30T17:54+0100
2025-01-30T17:54+0100
2025-01-30T18:02+0100
africa insight
william ruto
africa
senegal
conflict
military
forced displacement
internally displaced people (idps)
development
kenya
https://cdn1.img.sputniknews.africa/img/07e9/01/1e/1070433946_0:205:3072:1933_1920x0_80_0_0_d6c2cced66cdc4dd8522dd9ee0a16bf5.jpg
Conflicts force people to move, drop out of school and take a long time to return to work, all of which hinders Africa's development, the Emergence Institute president and former chief economist to several Senegalese prime ministers Moubarack Lo told Sputnik Africa, commenting on Kenyan President Ruto's remarks that conflicts undermine the continent's potential and cost it $18 billion a year.The economist said he laments that African countries forget their obligations "when everyone's interests are at stake" and advocated greater regional integration to reduce the tensions that lead to war.Such a move would allow populations to develop as one people, reducing the likelihood of war, the expert noted.
https://en.sputniknews.africa/20250111/clashes-in-drcs-north-kivu-force-over-100000-people-to-flee-since-start-of-2025-un-official-says-1070128917.html
africa
senegal
kenya
east africa
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2025
News
en_EN
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
africa insight, william ruto, africa, senegal, conflict, military, forced displacement, internally displaced people (idps), development, kenya, east africa, war, education, tourism
africa insight, william ruto, africa, senegal, conflict, military, forced displacement, internally displaced people (idps), development, kenya, east africa, war, education, tourism
Conflicts in Africa Cause Both 'Immediate and Future Losses,' Senegalese Economist Says
17:54 30.01.2025 (Updated: 18:02 30.01.2025) Elizaveta Roschina
Writer/Editor
Conflicts ongoing in Africa significantly hinder its potential, costing the continent nearly $18 billion each year and displacing millions of people, Kenyan President William Ruto stated at the high-level Extended Bureau Retreat on AU Institutional Reforms held in the Kenyan capital Nairobi on Monday.
Conflicts force
people to move, drop out of school and take a long time to return to work, all of which hinders Africa's development, the Emergence Institute president and former chief economist to several Senegalese prime ministers
Moubarack Lo told
Sputnik Africa, commenting on Kenyan President Ruto's remarks that conflicts undermine the continent's potential and cost it $18 billion a year.
"The whole economy suffers to some extent," he explained, noting that conflicts affect agriculture, trade, tourism and the service sector.
The economist said he laments that African countries forget their obligations "when everyone's interests are at stake" and advocated greater regional integration to reduce the tensions that lead to war.
"We need economic integration as well as integration of peoples, integration of labor markets and integration of education systems," he emphasized.
Such a move would allow populations to develop as one people, reducing the likelihood of war, the expert noted.
"We just need to recreate the ties that should never have disappeared and allow them to move around, work in one country or another, share passports and attend the same schools," Moubarack Lo concluded.
