Source: International Monetary Fund (IMF) |

Egypt Moving Forward: Key Challenges and Opportunities

Over the next five years, around 3.5 million young Egyptians are projected to join the labor force

The most important issues that face Egypt over the coming years are tied to a rapidly growing population, the modernization of its economy, and how best to ensure a modern social safety net to protect the most vulnerable in society. Below, IMF Mission Chief for Egypt Subir Lall discusses these…

Source: The Department of Trade and Industry, South Africa |

South Africa business delegation arrives in Angola for Trade and Investment mission

These companies represent the aerospace and defence, built environment professionals, mining products and services, and infrastructure sectors. The mission will include a trade and investment seminar, targeted business-to-business meetings and sector-specific site visits

The South African business delegation has arrived in Luanda, Angola for a five-day Trade and Investment Mission that is led by the Deputy Minister of Trade and Industry, Mr Bulelani Magwanishe. The mission will take place from today until 21 July 2018. While addressing the business delegation on their arrival,…

Source: The Department of Trade and Industry, South Africa |

Minister Davies Pushes for Exemption from the United States’ Section 232 Duties on Imports of Steel and Aluminium from South Africa

Minister Davies also expressed his concern on the on-going Section 232 investigation on automobiles and auto components

The Minister of Trade and Industry, Dr Rob Davies has reiterated that South Africa’s steel and aluminium does not pose any threat to the US national security. Minister Davies said this during bilateral meetings in Washington DC with the United States Trade Representative Ambassador Robert Lighthizer and the Secretary of…

Source: European Parliament - The President |

Tajani visit to Niger: we must support and expand Niger’s well-functioning model to reduce irregular migration flows

A delegation of representatives from European entities including the European Commission and European Investment Bank, as well as international organisations, such as UNIDO, the UN Food and Agriculture Organization, together with European private sector representatives, will accompany President Tajani

“Niger plays a key role to drastically reduce irregular migrants’ flows to Libya and the EU. My visit to Niamey aims at strengthening our partnership with this country, discussing how the EU can promote investments and make more funds available. I will also meet representatives from the Sahel and Sahara…

Source: Udeme Etukeyen |

Akwa Ibom - Sustainable Development in Nigeria's Prime Investment Destination

By Udeme Etukeyen

Seen from afar, Nigeria is one large African nation and the continent's most robust economy, but within the powerhouse that Nigeria represents there are several engines that drive the economy. Best known is Lagos State, which includes Nigeria's largest city and economic capital, but beyond there a less known success…

Source: African Energy Chamber |

Africa Oil & Power and African Energy Chamber sign strategic partnership

Africa Energy Chamber is extending to all its members and partners across its network an exclusive discount of 15% to attend the summit in Cape Town from September 5-7, 2018

Africa Oil & Power, the continent’s premier platform for energy investment and policy, and the African Energy Chamber (www.EnergyChamber.org) have signed a strategic partnership in Johannesburg on Monday. Both organizations will be sharing capacities to facilitate investments and deal-making in Africa across their networks. Under the agreement, the AEC will…

Source: Republic of South Africa: Department of Government Communication and Information |

South Africa: Government Activities for the Week 16 -22 July 2018

On Wednesday, 18 July, South Africans and the world will again celebrate the birthday of South Africa’s first democratically elected President, Nelson Mandela

Government has scheduled the following briefings/activities for the week: 16 - 22 July 2018. The activities, which are aligned to the National Development Plan and outlined in the Medium Term Strategic Framework 2014-2019, are undertaken to build a better South Africa: The Minister of Communications, Ms Nomvula Mokonyane, will on…

Source: International Monetary Fund (IMF) |

International Monetary Fund Staff Concludes Visit to Nigeria

The outlook for 2018 remains challenging, as private sector lending remains low and foreign exchange inflows are mostly short-term

Higher oil prices and portfolio flows have helped strengthen fiscal and external buffers; The outlook for 2018 remains challenging, as private sector lending remains low and foreign exchange inflows are mostly short-term; Action on a coherent set of policies to reduce vulnerabilities and increase growth over the medium term remains…

Source: Republic of South Africa: The Presidency |

Keynote Address delivered by the Deputy President of the Republic of South Africa, Mr David Mabuza at the Launch of the Meerkat Telescope In Carnavon, Northern Cape

This day represents some of Africa’s milestones in the successful interweaving of science, technology and innovation into our solutions of dealing with our developmental challenges

Programme Director; Minister of Science and Technology, Ms Mamoloko Kubayi-Ngubane; Ministers and Former Ministers; Ambassadors and High Commissioners; SKA International Organisation Board of Directors; Distinguished International Guests; Ladies and Gentlemen; Today is a special day of pride for the continent of Africa. This day represents some of Africa’s milestones in…

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

Economic Commission for Africa will continue to support member States as they seek solutions to their challenges, says Elhiraika at end of High Level Policy Dialogue (HLPD)

Egypt launched its national strategy in alignment with the 2030 Agenda entitled

The High Level Policy Dialogue on Development in Africa ended in Cairo Thursday with Adam Elhiraika, Director for Macroeconomic Policy Division at the Economic Commission for Africa, pledging ECA’s continued support to member States as they seek solutions to challenges plaguing the continent, especially as they implement the sustainable development…