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UN Officials Highlight Africa’s Investment Potential

(MENAFN) A senior United Nations official has said that Africa represents a largely underrecognized opportunity for global investment and development, stressing that stronger trade integration could transform the continent into a major economic hub, according to remarks made at a forum in Türkiye.

Hanna Serwaa Tetteh, UN special representative for Libya and head of the United Nations Support Mission in Libya, said that advancing the African Continental Free Trade Area and expanding investment flows are key steps toward unlocking Africa’s economic potential.

Speaking at a panel titled “Investing in Africa's Future: Strategy, Scale and Competitiveness” at the Antalya Diplomacy Forum 2026, she said that improved financing conditions are essential for boosting competitiveness across African economies.

She also noted that access to affordable, long-term capital remains one of the main barriers to development, and suggested that highlighting successful investment projects could help encourage both public and private sector engagement.

In the same discussion, Sudan’s Foreign Minister Muhyiddin Salim said the forum offered an important opportunity to shift global attention toward Africa’s economic prospects, which he said are often overshadowed by conflict-focused narratives.

He pointed out that around 60% of Africa’s population is young and highlighted Sudan’s natural resources, including agriculture, livestock, minerals, oil, and gas, as key assets for development.

Salim also said that Sudan’s ongoing civil war, which began in April 2023, is partly linked to competition over resources. He argued that stronger regional integration and cooperation could help create a more stable environment for investment and growth.

He emphasized the importance of better resource management and building genuine partnerships with international actors, while warning that external stakeholders may pursue competing interests.

Salim added that strengthening cooperation among African states is essential for long-term stability and sustainable economic development across the continent.

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