“We traveled together to emphasize that development is the foundation for peace,” Mr. ![]() Ban, his envoy to the Great Lakes, Mary Robinson, and the President of the World Bank, Jim Yong Kim, just returned from a first of its type visit there to show support for a new peace framework in the region and to emphasize that development is the foundation for peace. Included on the list is the Democratic Republic of the Congo. While the continent's trade jumped to over a trillion dollars in recent years.īy 2015, seven of the world's top ten fastest-growing economies will be in Africa, the IMF reported. The global economy growth is estimated at 3.3 per cent this year and 4 per cent in 2014. Ban said.Īccording to the International Monetary Fund's World Economic Outlook, sub-Saharan Africa grew at a robust 5.1 per cent in 2012 and is expected to rise to 5.5 per cent this year and 6 per cent next year. The continent's economic growth averages almost six per cent each year, Mr. Ban urged participants to “build on Africa's trade opportunities, high investment returns and wealth of potential.” We will make sure Africa's priorities are fully reflected in our post-215 development agenda.” We are committed to helping Africa realize the MDGs. Ban described the gathering as “a call to action.” Convened every five years since 1993, TICAD aims to promote high-level policy dialogue between African leaders and their partners and to mobilize support for African-owned development initiatives. In his keynote address to the fifth Tokyo International Conference on African Development (TICAD V), Mr.
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