PARIS: French President Emmanuel Macron will on Tuesday host a virtual summit of European and African leaders to seek solutions to the financial crisis in Africa, where governments hope to boost development while managing massive debts.The “summit on financing African economies”, bringing together 30 heads of state and government via videoconference, was planned last year after the International Monetary Fund calculated that African economies risk running into a total “financial gap” of $290 billion (RM 1.1 trillion) by 2023.Economic growth on the continent, which experienced its first recession last year, is expected to rebound to 3.4% this year and 4.0% in 2022.A moratorium on debt servici
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