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

Zimbabwe ready to host & showcase itself at sustainable development forum: Minister

The goals will be clustered around the five Ps – People, Prosperity, Planet, Peace and Partnerships

Zimbabwe is ready to host the Sixth Africa Regional Forum on Sustainable Development (ARFSD) that will be held in Victoria Falls from 24 to 27 February under the theme ‘2030-2030: A Decade to Deliver a Transformed and Prosperous Africa through the 2030 Agenda and Agenda 2063.” This was said Monday…

Source: African Development Bank Group (AfDB) |

Keynote Speech delivered by Dr. Akinwumi A. Adesina at the UK-Africa Investment Summit, “Sustainable Infrastructure Forum”

The Department for International Development (DFID) is a key strategic partner of the African Development Bank

By Dr. Akinwumi A. Adesina Good morning everyone! It’s a pleasure to join you at this special side event organized as part of the UK-Africa Investment Summit. Let me congratulate the organizers, the Department for International Development (DFID) and Her Majesty’s Trade Commissioner for Africa for hosting us today. The…

Source: African Development Bank Group (AfDB) |

British Prime Minister, African Leaders urge Investors to accelerate Economic Role on the Continent

The UK-Africa Investment Summit, the first of its kind hosted by the UK Government, was attended by the foreign secretary, Dominic Raab, the international development secretary, Alok Sharma, and Prince Harry

UK companies must leap at the chance to deepen economic ties with Africa, a continent with unmatched investment opportunities, several African leaders said at a high-level panel. At an oversubscribed opening ceremony for the 2020 UK-Africa Investment Summit, Monday, attended by dignitaries and delegates from 16 African countries, including President…

Source: British Embassy Cairo |

United Kingdom (UK) – Egypt announce joint economic partnership

During the UK-Africa Investment Summit, the UK and Egypt announce agree to enhance economic cooperation

Secretary of State for International Development of the United Kingdom Alok Sharma and Minister of International Cooperation for the Arab Republic of Egypt Dr. Rania Al-Mashat have agreed in a joint statement to enhance economic cooperation. Secretary of State for International Development of the United Kingdom Alok Sharma said: The…

Source: The United Kingdom's Department for Digital, Culture, Media & Sport |

African tech firms invited to join UK-led growth project

The United Kingdom (UK)’s Department for Digital Culture, Media and Sport launches scheme to develop next generation of African start-ups

Application process underway as government ministers and business leaders attend first ever UK-Africa Investment Summit; Africa has a fast-growing tech sector which is driving growth and creating jobs on the continent Some of Africa’s most innovative start-ups are invited to take part in a global tech project to take their…

UN Information Centre in Pretoria (UNIC)
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Source: UN Information Centre in Pretoria (UNIC) |

Launch of the World Economic Situation Prospects Report 2020

Average GDP growth in Africa is projected to accelerate slightly from 2.9 per cent in 2019 to 3.2 per cent in 2020

Background: According to this year’s World Economic Situation Prospects, the global economy suffered its lowest growth in a decade, slipping to 2.3 per cent in 2019, as trade disputes impacted economic activity. The world, however, could see a slight uptick in growth in 2020 if risks are kept at bay.…

Source: British High Commission Accra |

PM hosts first ever UK-Africa Investment Summit in London

Prime Minister Boris Johnson will make the case for the UK as the ‘investment partner of choice’ for African countries at a major investment summit today

PM calls for UK to be the ‘investment partner of choice’ for African countries; summit will generate new opportunities in Africa for businesses across the UK; PM announces the Government will no longer provide any direct support for thermal coal mining or coal power plants overseas Prime Minister Boris Johnson…

Source: World Tourism Organization (UNWTO) |

International Tourism Growth continues to outpace the Global Economy

Limited data available for Africa (+4%) points to continued strong results in North Africa (+9%) while arrivals in Sub-Saharan Africa grew slower in 2019 (+1.5%)

1.5 billion international tourist arrivals were recorded in 2019, globally. A 4% increase on the previous year which is also forecast for 2020, confirming tourism as a leading and resilient economic sector, especially in view of current uncertainties. By the same token, this calls for such growth to be managed…

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Source: Janngo |

Janngo pledges €60 million at Davos to back African startups leveraging technology to achieve the SDGs

Janngo unveils Janngo Capital Startup Fund, its €60m Venture Capital fund dedicated to financing tech-enabled startup accelerating progress towards the Sustainable Development Goals (SDGs) in Africa, with a €15m anchor investment by the European Investment Bank

On the eve of its participation to the 50th World Economic Forum, Janngo (http://www.Janngo.Africa) pledges 60€ million to back technology startups with a double bottom line approach through its dedicated investment vehicle Janngo Capital Startup Fund. The fund is a first of its kind Venture Capital & Impact vehicle investing…

African Energy Chamber
Source: African Energy Chamber |

Equatorial Guinea Speeds Up Year of Investment Drive with Nigerian Investors

The delegation from Equatorial Guinea met with several Nigerian executives from the Africa Finance Corporation, Polaris Bank, Sterling Bank, First Bank, UBA and Zenith Bank

In line with its commitment to attract regional capital investment into the country, H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, met with high-level Nigerian investors, bankers and financiers to discuss the opportunities offered by the country’s Year of Investment initiative. The delegation from Equatorial…