News & Media / Mo attends Summit for a New Global Financing Pact

Mo attends Summit for a New Global Financing Pact

28 June, 2023

Mo Ibrahim attended the Summit for a New Global Financing Pact in Paris on 22 and 23 June. The summit, organised by the government of France and chaired by French President Emmanuel Macron, gathered heads of state and government, leaders of international organisations, development banks and representatives of the private sector of more than 100 countries.

Mo Ibrahim participated in the opening and closing sessions and some side events. The summit's goal was to establish the groundwork for a reform of the international financial system in which the relation between the global North and South is more balanced, setting the stage for new agreements to relieve debt distress, invest in sustainable development and protect populations from the effects of climate change.

From Africa, specifically, the following countries sent their heads of state and government: Benin, Burundi, Cameroon, Chad, Comoros, Republic of Congo, Democratic Republic of Congo, Côte d'Ivoire, Egypt, Ethiopia, Gabon, Ghana, Guinea-Bissau, Kenya, Madagascar, Mauritania, Mozambique, Niger, Nigeria, Rwanda, Senegal, South Africa, Togo, Tunisia and Zambia.