The report highlight significant challenges that Africa faces which include global conflicts, climate change, post-COVID-19 recovery, and a cost-of-living crisis, leading to increased poverty and hunger. Many African economies are burdened with high debt, inflation, and limited access to development and climate financing. However, Africa is making positive progress on only 3 of the 51 Sustainable Development Goals (SDGs) targets, regressing on 8, and stagnating on the rest. The report therefore, emphasizes the need for reform in global financial systems, increased investment in key areas, and stronger multilateral cooperation to address these challenges.
Read more: https://www.undp.org/africa/publications/2024-africa-sustainable-develop...