Source: Economic Community of West African States (ECOWAS) |

Vice President Tchintchibidja Meets Israel Ambassador to Discuss Economic Community of West African States (ECOWAS)-Isreal Economic Relations

The two leaders discussed socio-economic development in West Africa, regional stability and security issues and creation of opportunities for the youth

The Vice-President of the ECOWAS Commission, H. E. Mrs. Damtien L. Tchintchibidja has met with the Ambassador of Isreal to the Federal Republic of Nigeria and Permanent Representative to ECOWAS, H.E. Michael Freeman, for further consultations on improving ECOWAS-Isreal relations. The two leaders discussed socio-economic development in West Africa, regional stability…

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

Private sector urged to “own and drive” Africa’s continental trade agreement

ECA estimates that by 2045 intra-African, trade in agri-food, industry, and services sectors will increase by nearly 35% compared to a situation without the AfCFTA

The private sector is recognized as an indispensable stakeholder in the African Continental Free Trade Agreement (AfCFTA), especially given its ability to catalyze sustainable economic development and job creation. “Africa’s private sector accounts for 80 percent of total production, two-thirds of investment, and three-quarters of credit, and employs 90 percent…

Source: The Presidency, Republic of Ghana |

Ghana - Africa Business Dialogues: Vice President (VP) Bawumia Proposes Focus on Three Broad Areas for African Continental Free Trade Area (AFCFTA) Success

Dr. Bawumia said eventhough the AfCFTA has set the stage for the transformation of Africa, its full prospects can only be realised through decisive steps by key African stakeholders

The Vice President, Dr. Mahamudu Bawumia has proposed three broad areas of focus, which he believes will help the African Continental Free Trade Area (AfCFTA) to bring about the transformation Africa needs. Addressing a high-level conference in Accra of African Ministers of State, diplomats, policy makers and business executives, who…

Islamic Development Bank Institute (IsDBI)
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  • Images (2)
    • Participants, trainers and other officials shortly after the conclusion of the workshop on measuring multidimensional poverty, at the IsDB Headquarters in Jeddah, Saudi Arabia, 25 January 2023
    • From left to right: IsDBI Acting Director General, Dr. Sami Al-Suwailem; OPHI Director of Programs and Operations, Ms. Corinne Mitchell; OPHI Research and Policy Officer, Ms. Alexandra Fortacz; ISFD Director General, Dr. Hiba Ahmed, and IsDBI Director of Economic Research and Statistics, Dr. Areef Suleman, on the first day of the workshop at the IsDB Headquarters in Jeddah, Saudi Arabia, 24 January 2023
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Source: Islamic Development Bank Institute (IsDBI) |

Measuring Multidimensional Poverty: Islamic Development Bank Institute (IsDBI), Islamic Solidarity Fund for Development (ISFD), and Oxford Poverty and Human Development Initiative (OPHI) Organize Training for Islamic Development Bank (IsDB) Group Staff

Over 40 staff from the various IsDB Group entities attended the training sessions

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org), Islamic Solidarity Fund for Development (ISFD), and Oxford Poverty and Human Development Initiative (OPHI) jointly organized a training workshop on measuring multidimensional poverty. The workshop was designed to build the capacity of IsDB Group staff in producing data-driven research that supports evidence-based policymaking.…

Source: National Treasury, Republic of South Africa |

South Africa: Minister Enoch Godongwana on meeting with United States (U.S.) Secretary of Treasury Janet Yellen

Topping the agenda was the state of the global economy, policies to promote regional growth and investment, and the further development of trade and investment ties

The United States Secretary of Treasury Janet Yellen and Minister of Finance Enoch Godongwana met in Pretoria on Thursday to discuss a range of issues and explore ways to extend the already extensive areas of economic and financial cooperation between the two countries. Topping the agenda was the state of…

Government of Lesotho
Source: Government of Lesotho |

Lesotho Increases Fruit Production

Ms Maile indicated that they intend to train farmers so they can have skills to meet the needs of Basotho by ensuring that they make fruits available to stop importing

Lesotho Competitiveness and Financial Inclusion Project in collaboration with Lesotho National Farmers’ Association (LENAFU) will equip farmers with skills to increase fruit production. This is according to the Ministry of Trade, Industry, Business Development and Tourism Senior Public Relations Officer Ms. ‘Mantletse Maile.  Ms Maile indicated that they intend to train farmers so…

Source: Economic Community of West African States (ECOWAS) |

Economic Community of West African States (ECOWAS) Trains the Technical Staff of the ECOWAS Trade Promotion Organizations (TPO) Network on Trade Promotion Tools

The workshop aims to train front-line management staff from ECOWAS Member States to assist export-ready companies to participate in trade promotion events

The ECOWAS Commission, under the West Africa Competitiveness Program (WACOMP), in collaboration with the International Trade Centre (ITC), the Nigerian National Export Promotion Council (NEPC) and the European Union is organizing a workshop on business creation methodology and trade promotion. This training is taking place from 23 – 27 January 2023 at…

Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Executive Board Concludes 2022 Article IV Consultation and approves $86.9 Million Extended Fund Facility for the Islamic Republic of Mauritania

Economic growth has accelerated and is expected to reach 5.3 percent in 2022, driven primarily by the mining sector, agriculture, and fisheries

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation and approved 42-Month arrangements of SDR 64.40 million (about US$ 86.9 million) under the Extended Credit Facility and Extended Fund Facility with the Islamic Republic of Mauritania. The Board approval will allow for SDR 16.10 million…

Source: The World Bank Group |

World Bank Report: Blue Economy Offers Opportunities for Sustainable Growth in Tunisia

The blue economy offers an opportunity for sustainable development and wealth creation for Tunisia through sustainable use of marine and coastal resources for economic growth

With support from the World Bank, in June 2022, Tunisia launched its first report on the status of the blue economy. The report, titled in French “L’économie bleue en Tunisie: Opportunité pour un développement intégré et durable de la mer et des zones côtières” (The Blue Economy in Tunisia: An…

Source: Economic Community of West African States (ECOWAS) |

Economic Community of West African States (ECOWAS) Hosts High-Level United Nations (UN) Panel on Security, Governance and Development in the Sahel

President Touray shared the four strategic objectives of the present administration with the UN Panel and solicited their support and cooperation in achieving the vision within the four years tenure

The President of the ECOWAS Commission, H. E. Dr. Omar Alieu Touray has assured the United Nations High-Level Panel on Security, Governance and Development in the Sahel of strategic collaboration and equitable partnerships in addressing the economic and security challenges in the region. He made the assurance when he hosted…