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Africa's Triple Paradoxes

Africa, with its rich resources, cultural heritage, and rapidly growing population, stands at the forefront of triple paradoxes. As the continent strives for economic development, it confronts the financing paradox, wherein the need for additional financial resources to power growth clashes with the leakages of financial flows posed by a vulnerable financial ecosystem. Furthermore, the energy paradox arises as Africa simultaneously holds vast energy potential while being continuously hamstrung by a lack of access to electricity, where more than half of Africa suffers from energy shortages. The third paradox, the food system paradox, is equally pressing. Africa is endowed with fertile land and diverse agricultural ecosystems, yet almost 60 per cent of its population continues to grapple with food insecurity and malnutrition.