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Vaccine equity and digitally trained youths are the future of Africa – Okonjo- Iweala

William Ukpe by William Ukpe
July 27, 2021
in Business News, Spotlight
Oil and gas will no longer serve Nigeria as a major revenue source – Dr. Ngozi Okonjo Iweala

Ngozi Okonjo-Iweala

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The Director-General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala disclosed that access to vaccines, digital infrastructure and women and youth inclusion will boost Africa’s preparedness for the future.

She disclosed this on Monday at the “It’s Your Turn! Africa’s Recovery Talk Series” hosted by Mrs Vera Songwe, UN Under Secretary-General and Executive Secretary of Economic Commission for Africa (ECA).

What she said

“We have to talk of one important thing that will bring Africa back on that sustainable path and that is the vaccine inequity.

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The second is youths and digital. Our youths are our resource and more than 40 per cent of them are on the internet doing amazing things, starting amazing businesses.

I am very hopeful that if we can encourage our youths and improve our digital infrastructure, digitise our trade even, that can help,” Okonjo-Iweala said.

She added that other factors include women and micro, medium and small enterprises inclusion. “If we can empower our women and get liquidity to our micro, medium and small enterprises and both work in tandem, because about 50 per cent of many of these enterprises are owned by women, I think that will help us propel a recovery,” she added.

She praised the efforts African governments have made so far in combating the covid pandemic stating that It shows we can act as one. “A continental approach is the first thing,” she said.

U.S Ambassador to the UN, Linda Thomas-Greenfield added that vaccine equity is what the U.S. sees as an essential step in achieving goals of a prosperous Africa as multilateral vaccine response is needed to combat the pandemic.

She added that all AU member states will receive approximately 25 million COVID-19 vaccines to enhance coverage across the continent, contributing to the AU target of vaccinating at least, 60 per cent of the African population.

Tags: Economic Commission for Africa (ECA)Ngozi Okonjo IwealaWorld Trade Organisation
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

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Comments 1

  1. Emmanuel OBI says:
    July 27, 2021 at 2:17 pm

    Dr. Ngozi Okonge lweala is right in her assertion that the future of Africa lies in vaccine equity, youths, women inclusion and infrastural development. She finely lauded the efforts of various governments in the continent in the process. However, these governments must recognize that bad governance must be addressed in order for any process-design for development to be real. Talking about all these development variables without addressing bad governance or corruption is effort in futility.

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