H.E. Mahmoud Ali Youssouf, Chairperson of the AU Commission, met with IMF MD H.E. Kristalina Georgieva on the margins of the Mattei Plan Summit in Rome yesterday. He raised concerns over Africa’s mounting debt burdens & the disproportionate cost of servicing them. The Chairperson also underscored the need for more inclusive governance at the IMF, noting Africa’s underrepresentation in decision-making structures.
He echoed calls for reforms to amplify Africa’s voice and ensure fairer global financial governance.