President Abdel Fattah El-Sisi referred to the size of the financing needs of the countries of the African continent and the need to provide huge funds and reduce the risks of these funds on the other hand, stressing that it is a difficult equation.
This came during President Abdel Fattah El-Sisi's inauguration, today, Tuesday, of the annual meetings of the African Development Bank Group, which Egypt is hosting in Sharm El-Sheikh.
President El-Sisi made it clear that the problem of climate change is not confined to the scope of a country, but rather extends to the rest of the continent, explaining that the repercussions of climate change are more reflected in the more developed countries.
He pointed out that estimates indicate that the risks associated with drought only in the African continent have caused risks worth $70 billion.