Monday, June 17, 2024

President Edgar Lungu lobbies for the creation of an African fund.

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President Edgar Lungu
President Edgar Lungu

President Edgar Lungu says he will lobby his fellow African leaders for the creation of an African fund.

President Lungu said the fund will be used to spearhead the implementation of projects under the sustainable development goals-SDGs-.

He said most African countries failed to meet the millennium development goals-MDGs – and the continent cannot afford to repeat the same mistakes.

President Lungu was speaking when he met board members and management of the SDGs in New York.

The President also said the fund once actualized will be used to channel resources to water, health and education projects.

And advisor of the SDG board Jeef Sachs said he is ready to mobilise private donors and philanthropists to contribute to the African fund once it is established.

Mr. SACHS said billionaires such as founder of online retailer Alibaba Jack Ma are willing to fund projects in Africa provided a mechanism which will be used to administer money is set up.

Meanwhile, SDG Director General Belay Begashaw thanked the Zambian government for expediting the setting up of an SDG regional office in Lusaka.

[ZNBC]

59 COMMENTS

    • He has stolen the whole show and has elucidated his message more clearer and has shown a more higher IQ than other presidents.

      He is the greatest Inspirational, well versed leader I have had the pleasure of knowing.

      he exhumes excellency and reminds me of a young Abraham Lincoln with the prestige of Obama and appeal of George Washington for me.

      yet again he is spot on here for a request on this African fund.

      After all we have proved to handle any monies and any size

      Was speaking to Nick and he is excited for our future as a country.

      I know what i am talking about as I have a PhD

      Thanks

      BB2014,2016

    • I think MUSHOTA is looking for a job in government. Ask Hjoe Moono, he is a very clever, Oxford educated chap but they wont give him a job. Also he is the wrong tribe.

    • Your Excellence, corruption is the biggest disease we are suffering from, and the solution is for each head of state to address. Setting examples is the way to go. Please assist resolving a number of fraud issues facing our country eroding the investment positive sentiments to help our currency

    • How much is enough Lungu?

      African fund to do what with?

      You are not responsible with your own country’s funds, busy stealing and abusing.

      You are an embarrassment to humanity.

    • What’s wrong with African Development Bank?
      Or Ba Edgar was reading Gaddafi’s manifeto on Africa? They killed Gaddafi in broad daytime, and displayed him at a mall.

    • Really laughable …please Mr Private Jet Pilot waiting at JFK Airport tarmac, please bring back this lazy sausage, he can not balance his own budget without assistance from former colonial masters and he is talking about fund..sit down..even out break of cholera you had to ask for donations…I mean even most projects under the sustainable development goals are funded by donors.
      COME BACK YOU LAZY FOOOOOOOOL!!

    • Brilliant idea! It will lose HAGAIN! Africa is very rich! Animo farm with its fuu supporter off the hook! What a silly tribal child of CHILDISH this little tribal animo called GAY JAY also known as Larry Mweetwa is!

    • Mr. SACHS said billionaires such as founder of online retailer Alibaba Jack Ma are willing to fund projects in Africa provided a mechanism which will be used to administer money is set up.

      Mr SACHS does not know that he does not know he his talking to a thief

    • Meanwhile, SDG Director General Belay Begashaw thanked the Zambian government for expediting the setting up of an SDG regional office in Lusaka.

      Your money will be stolen

    • Mushota looking for a job in government? is that a joke? I wouldn’t give her a job as a cleaner man!
      For Lungu, go back home, harness your resources develop an Industrial base in your country and strike reasonable deals with your co-operating partners like the Chines and stop talking nonsense and the world for a disgracing you continent. No one is interested in listening to Africa’s issues which they have been hearing about for years!

  1. Mr President, that fund is there already… it’s called the African Development Bank (AfDB).
    Or are we beginning to run out of sources for funding (borrowing???)

  2. He has stolen the whole show and has elucidated his message more clearer and has shown a more higher IQ than other presidents.

    He is the greatest Inspirational, well versed leader I have had the pleasure of knowing.

    he exhumes excellency and reminds me of a young Abraham Lincoln with the prestige of Obama and appeal of George Washington for me.

    yet again he is spot on here for a request on this African fund.

    After all we have proved to handle any monies and any size

    Was speaking to Nick and he is excited for our future as a country.

    I know what i am talking about as I have a PhD

    Thanks

    BB2014,2016

  3. lobbying seems to be one of Lungu’s strong habit. Everywhere he goes he is lobbying for something or asking to borrow and even going to the extent of asking our debts to be repaid by someone else. Africa should learn to solve her own problems with her own resources. After all ,she is endowed with rich natural resources. The biggest challenge she faces is inept, corrupt, callous, cantankerous and poor leadership devoid of vision. Why is it that every time Africans go to these meetings they ask for something to be given for free. Trump made it clear that the USA knows what it wants all the time, how about Africa, what exactly is it that she wants? Certainly not begging all the time.

    • I agree. More funds when we are not even able to manage what we already have? It is like a grown up child still asking for more pocket money instead of thinking of how to start earning his own money. A change of mindset is desperately needed.

    • When I call him Lazy Lungu on LT …the Editor bans me for a month …why doesn’t this lazy bum lobby for review of transfer pricing strategies of raw materials produced in developing countries or removal of tariffs on goods exported to developed countries.

  4. I am getting worried for my President, his governmemt delays in paying civil servants their salaries and is heavily in debt yet he talking of an African fund.

    • It is better to elect someone from KITWE because he has NO Hatribes in his blood. NEVER make a mistake of voting for someone who is TAINTED with TRIBALISM. Just imagine putting someone who thinks like UPND bloggers in ANY office in Zambia! What you see from their posting is what they will be doing! It will NEVER EVER be elected! Thank you little boys for showing Zambians your EVIL HEARTS.

  5. He thinks he will have access the funds, this chap is dull, maybe thinks can steal some of the funds like he stole from a widow, billionaires always have checks and balances why does he think they are billionaires in the first place. pompwe kwachilamo ukulomba

  6. That’s why imwe ba under 5s loose so you think those who support ECL and PF are happy with your comments??.Why can’t you use your head for its intended purpose.. You think you will woo more people to your side by insulting??.The more you insult the more you become less attractive

    • UNDER FIVE CHILDISH TRIBAL H-ORGANIZATION called UPND. “Only a Tonga can be President of UPND! Sakwiba, you are not Tonga because UPND is for Tongas!” Larry Mweetwa. What “Larry Mweetwa” forgot is that you need all Zambians to elect you for presidency! I am glad Gay Jay, BoSpakata, Nose Demon and the rest have never learned that! I am waiting for 2021 to send it into retirement. CHILDISH.

  7. Ma dizzy yeka yeka Mr Edgar Ma dizzy!
    Why is this guy allowed to go & address meetings drunk, like he used to do when a Minister /M.P & would turn up in Parliament drunk, & smelling of yesterday’s alcohol.
    This is a fact & not hearsay, & documented in old newspapers.

  8. Kikikikiki, yayayayyya! WHo is writing speeches for our man?
    This money can disappear like social cash transfer in Africa with Leaders insatiable appetite for money, except our great Leader, offcourse! Kikikkikii

    • Kaizer Zulu and Chomba Freedom Sikazwe whose highest qualification is a
      Automotive Technician Certificate….really laughable.

  9. This man called president Lungu never fails to amaze me. He fails to establish a sinking fund for Euro-bonds in his own country and goes to lecture the world body to establish an African fund, What double standards.When people say he talks under the influence of Jemerson, I wouldn’t agree less.

    • Lazy Lungu will talk about utterly irrelevant issues like UN security council seat ..its no wonder he can not do face to face interview as interviewer would simply turn tables on him!

    • Lazy bum illiterate tribal hooligan bully UPND online chief and son of a tribal polygamist father who never taught him toilet training needing a diaper HAGAIN in public. CHILDISH.

  10. We need an independent inquiry into his ability to continue as head of state.

    The medical board must must also examn the other guy in opposition who keeps losing because there’s definitely something wrong with these two.

    ECL MUST GO failure to which whole PF must be deleted.

    • Not in Zambia too many docile cowards…look at what happened to Fresher who questioned his identity…not even a birth certificate published with the Father’s name.

  11. More Chinese development funds coming our way through Jack Ma. You can hate the Chinese all you want but they are all over like a rash.

  12. Lazy bum illiterate childish hooligan bully tribal son of UPND CHILDISH and son of an illiterate tribal polygamist father who never taught him toilet training pooping in public HAGAIN needing diapers HAGAIN! Gladly, it will NEVER be president!

  13. Haven’t some bloggers realized by now that the phantom in the name of ‘Mushota’ just enjoys playing with people’s minds? There is no consistency nor coherency in the posts. Place the entity in the same vein as Sharon the psychopath. But seriously, they both need help.

    ECL is in the meantime waffling from one issue to another – without providing any substance or rationale for the same. Desperately trying to be relevant.

  14. I have been around under all the six presidents, I don’t remember any one of them being so instrumental at such a big UN meeting. He has really stolen the show.
    We are proud of you Mr President, may God give you more years on earth.

  15. Have tried all sorts of taxes, loans from China and other institutions but still want more borrowings. That’s the only initiative they know- how and where can we borrow.

  16. Coming from Lungu. I wouldn’t even attempt. He will steal every dollar that goes into that fund. Kabolala cannot be trusted with ideas of money.

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