Source: Ministry of Foreign Affairs of Finland |

Finland increases its support for the African Development Fund

Finland's pledge consists of a grant element and a concessional loan to be presented next year

Finland will contribute EUR 68.4 million to the replenishment of the African Development Fund (AfDF), which is the concessional window of the African Development Bank Group. Finland is also preparing a loan of EUR 80 million for the AfDF. The AfDF supports the continent's poorest countries. More than 30 donor…

Source: Ministry of External Affairs - Government of India |

Visit of Minister of Foreign Affairs and Guineans Abroad of Guinea to India

The discussions covered all aspects of bilateral relations including development partnership, capacity building and trade and commerce

H.E. Mr. Mamadi Toure, Minister of Foreign Affairs and Guineans Abroad, Republic of Guinea visited India from 2-5 December 2019. This was the third visit by Mr. Mamadi Toure to India in as many years. External Affairs Minister Dr. S. Jaishankar held bilateral discussions with Mr. Mamadi Toure today in…

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…

Source: Embassy of the Republic of Belarus to the Arab Republic of Egypt |

Ambassador of Belarus Sergei Terentiev meets Egyptian businessmen

The Sides discussed issues of strengthening cooperation in the trade, economic, investment and technological fields, as well as the schedule of upcoming business and exhibition events for 2020

On 4 December 2019 Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to Egypt Sergei Terentiev held a meeting with Secretary General of the Federation of Chambers of Commerce of Egypt Alaa Ezz. The Sides discussed issues of strengthening cooperation in the trade, economic, investment and technological fields, as…

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…

Ecobank
Source: Ecobank |

What: Business Bootcamp for 100 SME’s in Africa; When: 4 – 6 December 2019; Where: Ecobank Pan African Conference Centre, Lome, Togo

The Business Bootcamp is in line with the African Union Commission (AUC) Chairperson’s “1 million by 2021 Initiative”

The African Union Development Agency (AUDA-NEPAD) will be launching its first Business Bootcamp for 100 SME’s in Africa on 4 to 6 December 2019 in Lomé Togo, in partnership with Ecobank. The Business Bootcamp is in line with the African Union Commission (AUC) Chairperson’s “1 million by 2021 Initiative” which…

Source: African Energy Chamber |

Market access and cooperation will unlock opportunities in Africa’s energy sector

Last week, the African Energy Chamber (AEC) launched its first annual African Energy Outlook for 2020

Africa’s energy sector is a catalyst for growth and development across the continent. Industry and investors need to stay abreast of the high-speed advances in the energy landscape. Last week, the African Energy Chamber (AEC) (EnergyChamber.org) launched its first annual African Energy Outlook for 2020. The report, compiled to provide key…

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

The African Continental Free Trade Agreement (AfCFTA) under spotlight as Nigeria hosts national forum on historic agreement

The AfCFTA will become a key engine of economic growth, industrialization and sustainable development in Africa in line with the African Union’s Agenda 2063

Nigeria, which signed the landmark African Continental Free Trade Agreement in July, is this week hosting its national AfCFTA Forum on the "Effective Implementation of the AfCFTA for Industrialization and Inclusive Economic Development". The Forum, which runs from 5-6 December 2019 in Lagos, is being co-organized with the United Nations…

Source: Ministry of Foreign Affairs of the Republic of Belarus |

Ambassador of Belarus S.Terentyev presents Credentials to the President of Egypt

On December 2, 2019 the Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Arab Republic of Egypt, Sergei Terentiev, presented his Credentials to the President of Egypt, Abdel Fattah el-Sisi. During the ceremony, the Ambassador of Belarus and the President of Egypt exchanged views on the state…

Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Reaches Staff-Level Agreement with Mali on First Review under Extended Credit Facility (ECF) Arrangement

A team from the International Monetary Fund (IMF), led by Boriana Yontcheva, visited Bamako during November 19-29, 2019

Economic growth is expected to reach 5 percent in 2019 and over the medium term, despite the challenging security situation, reflecting some resilience in the economy; The fiscal deficit is expected to meet the West African Economic and Monetary Union (WAEMU)’s convergence criteria of 3 percent of GDP in 2019;…