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

Policy, Trade and the Private Sector in the Digital Era to dominate debate as Conference of African Ministers kicks off in Marrakesh

The conference will also provide a platform for delegates to review fiscal policies for the implementation of the Africa Continental Free Trade Area (CFTA)

The annual Economic Commission for Africa Conference of African Ministers of Finance, Planning and Economic Development - COM2019 (www.UNECA.org/CFM2019) - kicked off in Marrakesh on Wednesday, with emphasis on the importance of digitalisation in enhancing African economies as the continent celebrates the first anniversary of the highly hailed and historic…

Source: United Nations Children’s Fund (UNICEF) |

Embassy of Japan gives UNICEF Ethiopia US$ 2.5 million to meet the water, sanitation, and hygiene needs of internally displaced populations

UNICEF Ethiopia’s total humanitarian appeal for children for 2019 is pegged at US$ 124.1 million and aims to reach 3.7 million people, including two million children

The Embassy of Japan in Ethiopia has contributed US$ 2.5 million to UNICEF Ethiopia to help alleviate the water, sanitation, and hygiene (WASH) needs of some 400,000-people displaced by droughts and ethnic conflicts. UNICEF will use the funds over 12 months to provide lifesaving WASH services to internally displaced populations…

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

Experts tease out kingpin role of digitization for Africa’s revenue harvest

The experts mainly evoked questions of speed and productivity, governance, timeliness and cybersecurity associated with digitizing fiscal regimes

Digitization has been variously described as pivotal in ramping-up revenue collection for financing Africa’s development. This convergence of views characterized discussions at one of the plenary debates of the 38th meeting of the Committee of Experts of the ECA Conference of African Ministers of Finance, Planning and Economic Development, taking place in Marrakech,…

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

Africa needs policies to protect its economies from vulnerabilities

Mr. Elhiraika said Africa’s growth is projected to remain strong, moderating around 3.2% in 2018, but expected to recover to 3.4% in 2019 and 3.8% in 2020

African countries need policies that can help build resilience, raise potential growth and inclusiveness if the continent is to achieve the sustainable development goals and aspirations of Africa’s Agenda 2063. This was said Wednesday by Adam Elhiraika, Director of the Macroeconomics and Governance Division of the Economic Commission for Africa…

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

African countries can do better with improved fiscal policy, says Songwe

A typical economy on the continent, she said, collects just about 16 percent of GDP in taxes, with the exception of countries like Morocco which collect at least 25 percent

The 38th meeting of the Committee of Experts of the Conference of African Ministers of Finance, Planning and Economic Development opened in Marrakesh, Morocco, Wednesday with a clarion call for African countries to improve their fiscal policy and expand their tax base so they can ably fund their developmental processes. In…

Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Executive Board Completes the Last Review of Extended Credit Facility for Ghana

This will make available to Ghana the cumulative amount of SDR132.84 million (about US$185.2 million)

Ghana is concluding its four-year ECF-supported program; Executive Board decision allows to disburse the last tranche of SDR132.84 million (about US$185.2 million) to Ghana; ECF-supported program paved the way for a significant improvement of Ghana’s macroeconomic performance, though challenges remain. On March 20, 2019, the Executive Board of the International…

Source: The United Nations Framework Convention on Climate Change (UNFCCC) |

Africa Climate Week Signals Continent’s Huge Investment Opportunity

The event takes place in the shadows of Cyclone Idai, which has hit Mozambique, Zimbabwe, and Malawi, affecting more than 2 million people

Africa Climate Week in Accra, Ghana, got firmly underway this morning with the commencement of the high-level segment at the capital’s Convention Center. Speaking at the Opening Ceremony — President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo; Minister of Environment, Science, Technology and Innovation; Prof. Kwabena Frimpong-Boateng; Mayor…

Source: African Development Bank Group (AfDB) |

African Development Bank: Professor Anthony Nyong, Director for Climate Change and Green Growth, named among world’s “100 Most Influential People in Climate Policy”

Nyong chosen by London-based peer-to-peer learning platform Apolitical for his impact on influencing climate policy on the continent

The African Development Bank (www.AfDB.org) is pleased to announce  the nomination of Professor Anthony Nyong, Director for Climate Change and Green Growth, as one of the ‘100 Most Influential People in Climate Policy 2019’ by Apolitical, a peer-to-peer learning platform for governments. Nyong, a pioneering and globally recognized climate change…

Ecobank
Source: Ecobank |

Ecobank Academy and International Federation of Red Cross and Red Crescent Societies (IFRC) join hands in an effort to boost effective and sustainable leadership capabilities

The aim of the course is ‘Building African National Society leadership to be proud of’

Ecobank (www.Ecobank.com) is proud to announce that its prestigious Ecobank Academy will be training 150 senior leaders of the International Federation of Red Cross and Red Crescent Societies (IFRC) from 45 African countries this week to strengthen their leadership skills with regard to helping the communities they serve. The IFRC…

Source: African Energy Chamber |

While leading Oil Industry Working Visit to Nigeria, NJ Ayuk calls for industry collaboration on local content development and improved governance

Nigeria is Africa’s biggest oil producer with a massive investment potential in oil

Centurion CEO and Executive Chairman of the African Energy Chamber (EnergyChamber.org), NJ Ayuk, is leading an industry delegation to Nigeria this week to meet various oil industry players. On landing in Lagos, he called for more industry collaboration on key issues pertaining to Nigeria’s oil & gas industry, including local…