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Announcements
U.S. Embassy - Cairo
Source: U.S. Embassy - Cairo |

United States and Egypt Launch Center of Excellence for Energy at Ain Shams University

This new Center is part of a five-year, $90 million USAID initiative that also includes a Center of Excellence for Agriculture hosted at Cairo University in partnership with Cornell University

The Center of Excellence for Energy at Ain Shams University opened for business, with support from the United States Agency for International Development (USAID) and in close cooperation with the Ministry of Higher Education and the Massachusetts Institute of Technology (MIT). The establishment of this new Center is part of…

Food and Agriculture Organization (FAO)
Source: Food and Agriculture Organization (FAO) |

World food prices jump in November

Meat and vegetable oils lead Food and Agriculture Organization (FAO) Food Price Index upwards, while cereal prices dip amid record output even as weather weighs in Africa

World food prices rose significantly in November, reaching their highest point in more than two years, driven by jumps in the international prices of meat products and vegetable oils. The FAO Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 177.2 points over…

United Nations Economic Commission for Africa (ECA)
Source: United Nations Economic Commission for Africa (ECA) |

Nigeria hosts National African Continental Free Trade Agreement (AfCFTA) Forum on the "Effective Implementation of the AfCFTA for Industrialization and Inclusive Economic Development"

This Forum is part of a comprehensive project aimed at deepening Africa's trade integration through effective implementation of the AfCFTA

When: Date and Time: 5-6 December, 2019 Where: Radisson Hotel, Ikeja, Lagos, Nigeria Nigeria is this week hosting its National AfCFTA Forum on the "Effective Implementation of the AfCFTA for Industrialization and Inclusive Economic Development" from 5-6 December 2019, at the Radisson Hotel, Ikeja, Lagos. The Forum is being co-organized by…

The World Bank Group
Source: The World Bank Group |

Comoros: World Bank Group Pledges $175 Million in Additional Support for Development Programs

The World Bank Group’s support will also help promote private sector and value chains development in agriculture and tourism

The World Bank Group pledged an additional $175 million over the period 2020-2022 to support Comoros’ development through its National Emergent Plan. The announcement was made at the Development Partners Conference for Comoros, held in Paris on December 2 and 3, 2019. This funding consists of grants and concessional credits…

World Food Programme (WFP)
Source: World Food Programme (WFP) |

World Food Programme expands emergency operation in Zimbabwe as drought and economic hardship plunge millions into hunger

Funds are required immediately if WFP is to meet the growing needs of the hardest-hit Zimbabweans

The World Food Programme (WFP) is rapidly expanding an already sizeable emergency operation in Zimbabwe where drought, flooding and macro-economic meltdown have plunged 7.7 million people – half the population – into severe hunger. Funds are required immediately if WFP is to meet the growing needs of the hardest-hit Zimbabweans. …

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Government of Flanders Grants 1 Million Euros to the Africa Climate Change Fund to Support 5 Projects in Malawi, Mozambique and South Africa

The new contribution follows an initial grant of two millions euros to the Africa Climate Change Fund (ACCF) in November 2016 by the Flanders government, bringing the total contribution to the ACCF to 11.4 million euros

The Government of Flanders this year has committed 1 million euros to the Africa Climate Change Fund (ACCF) (http://bit.ly/34JgdzF) to support five projects in three African countries - Malawi, Mozambique and South Africa. In Malawi, the project will contribute to “demonstration of an innovative results-based finance model for adaptation to…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Guinea-Bissau: African Development Bank presents the Lusophone Compact to private sector at Economic Forum

The Lusophone Compact, a financing platform involving the African Development Bank, Portugal, and the six Portuguese-speaking countries of Africa (PALOPs), provides risk mitigation, investment products and technical assistance

The African Development Bank (http://www.AfDB.org) presented the Lusophone Compact to the private sector in Guinea-Bissau last month, during an event at the national Economic Forum. The Lusophone Compact, a financing platform involving the African Development Bank, Portugal, and the six Portuguese-speaking countries of Africa (PALOPs), provides risk mitigation, investment products…

The World Bank Group
Source: The World Bank Group |

Egypt: Water Knowledge Note - Pioneering Participatory Integrated Water Resources Management in the Nile Delta

The combination of increasing socioeconomic demands, physical water scarcity, and competing transboundary needs spells further trouble for the country’s water supply

The World Bank’s Global Environmental Facility (GEF) Trust Fund financed a project centered on piloting participatory Integrated Water Resources Management (IWRM) in the Nile Delta. The Enhanced Water Resources Management Project resulted in improved surface and groundwater management. From the project start in 2011 to the project closure in 2016,…

The World Bank Group
Source: The World Bank Group |

Launch Of The 13th Tanzania Economic Update

The event will be hosted by Ms Bella Bird, World Bank Country Director for Tanzania, Malawi, Zambia and Zimbabwe

The Agriculture sector provides livelihoods directly to around 55 percent of the population (and three quarters of the poor) and indirectly to a further 15 percent within related value chain functions such as traders, transporters and processors. The Tanzanian government recognizes the centrality of Agriculture to realizing its objectives of…

United Nations High Commissioner for Refugees (UNHCR)

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    • A family displaced within Somalia by drought sits beside a makeshift shelter in Wajaale district
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Source: United Nations High Commissioner for Refugees (UNHCR) |

United Nations High Commissioner for Refugees (UNHCR) welcomes Somalia’s ratification of the Kampala Convention

The move is a significant milestone for Somalia, which has the fourth largest population of internally displaced people in the world, estimated at over 2.6 million individuals

Somalia’s ratification of a key convention to protect internally displaced people in Africa is a landmark achievement for the country and the African continent, UNHCR, the UN Refugee Agency, said today. The African Union (AU) Convention for the Protection and Assistance of Internally Displaced People (IDPs) in Africa, known as…