Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 1550022,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1550022/?format=api",
    "text_counter": 301,
    "type": "speech",
    "speaker_name": "Tinderet, UDA",
    "speaker_title": "Hon. Julius Melly",
    "speaker": null,
    "content": " Hon. Temporary Speaker, I rise to support the ratification of the treaty creating AFC. Ratification of this treaty is long overdue since AFC started operations in 2007. Africa is one of the wealthiest continents in the world. It has a very young, energetic and educated society. It has a lot of extractive resources like gold, oil, iron ore and cobalt. One of the problems facing Africa today is lack of strong financial institutions. Since the ADB was established, it has led to the development of large infrastructural projects across the continent. This has seen the development of good roads and large power grids. It has also led to the development of institutions and research centres. Africa sat down and saw the need to establish AFC. It is a lending financier and adviser to clients across Africa, offering structured debt financing, trade financing and expansion equity. There is a lot of strength and synergy in the developing nations or the developed parts of the world. There is a lot of strength or wealth in people or communities coming together. Let us look at the case of the European Union, the European Central Bank and the Asian Tigers. They have all come up as a result of countries teaming up. The Africa Finance Corporation has had investments of over US$2 billion across several countries in Africa, since its establishment in 2007. In so doing, poverty and diseases will be things of the past in the near future."
}