Subsidy is probably the way out in reducing poverty (Dr. Fofack) Dr Hippolyte Fofack, Chief Economist at #Afreximbank highlights the need for NGOs to focus on poverty reduction in the developing world, particularly in Africa. He estimates that subsidies are probably a solution to this. #AfricaWTO #TradenotAid #TradeFinance #WTO | African Export Import Bank - Afreximbank
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The carbon credit market identified by Afreximbank's Chief Economist, Dr Hippolyte Fofack, as a tremendous opportunity for African countries. In his remarks at the opening of the Africa Business Forum 2023, he pointed out that it could enable the continent to achieve both structural transformation and expansion of its fiscal space. Dr Fofack also took part in a panel discussion on new instruments for generating carbon revenues in Africa. He identified debt-for-nature swaps as one of the most cos
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