6th African Economic Conference underway in Adis Ababa, Ethiopia

The 6th annual African Economic Conference is currently underway at the United Nations Conference Centre in Addis Ababa under the theme “The Green Economy and Structural Transformation”.
Research has shown that Africa is most affected by climate change although it only contributes 4 percent of global greenhouse emissions.
The ongoing conference drew heads of states, business executives and law makers from countries across the continent.
The executive Secretary to the United Nations Economic Commission for Africa, Mr. Abdoulie Janneh said African countries need to move from old resource-intense methods of growth in which progress has been at the expense of the environment, to one in which productivity is boosted by using and managing natural resources more efficiently and effectively.
The main objective of the African Economic Conference is to provide a platform for experts both within and outside the continent, to reflect and dialogue on new directions for growth policy on the continent.
This is to determine the best approaches to attain the Millennium Development Goals, achieve the objectives of NEPAD and accelerate Africa’s sustainable development.
The African Economic Conference is determined to remain true to its tradition of being the major forum for development practitioners, eminent scholars and experts in economics and ancillary subjects, to dialogue and exchange knowledge as well as search for solutions on the numerous challenges confronting the continent.
Accra, May 17, 2012
Government’s management of revenue generated from the country’s oil and gas resources will today come under intense scrutiny ...