What do you believe is the single most important factor driving up the cost of living in Nigeria?

The event, with the theme: ‘Advancing Africa’s Future’, will be organised by Global Citizen and Bridgewater Associates, in partnership with the Government of Côte d’Ivoire and Harith General Partners and supported by Global Citizen’s global partner Citi.

According to a statement, the assembly plans to mobilise significant financial backing from G20 countries for the World Bank’s IDA21 replenishment, aiming to address development challenges in Africa and promote sustainable, equitable growth.

It noted that IDA had a proven track record of lifting low-income countries out of poverty through targeted grants and loans that support economic development.

“Currently, more than 600 million people lack access to electricity across the African continent, severely impacting their quality of life and access to necessities, including healthcare, food and nutrition, education, and economic opportunity.

“With increased ambition and financial support from donors, IDA stands ready to lift 250 million people out of energy poverty by 2030 while also addressing malnutrition for more than 40 million women and children per year and promoting domestic resource mobilization,” It stated.

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