The AfDB has responded to the just-ended Tangiers conference on peace, security and development nexus by launching a report unpacking * Security, Investment & Development * 👇🏿 The report highlights several significant issues such as: *Insecurity on the rise :* The report finds that incidences of conflict and violence are on the rise in Africa. _* In the last twenty years, more than 469,000 people lost their lives due to conflicts and human insecurity*_ . In 2021, more than 18,000 conflicts affected the continent and the number of refugees and Internally Displaced Persons (IDPs) reached 32 million. *Government response* ; implication for development budgets: Governments are responding to insecurity _* by increasing budgetary allocation to security spending *_. Military expenditure in Africa was an estimated US$39 billion in 2021[based on data from 48 countries], 7 percent higher than in 2018 and 16 percent higher than in 2011. Over the past decade, the biggest percentage increases...
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