African Development Fund: Japan, African Development Bank Group, sign JPY 73.6 billion loan agreement
The Japan International Cooperation Agency (JICA) and the African Development Fund (ADF) – the concessional arm of the African Development Bank Group – on Tuesday signed a loan agreement of 73.6 billion Japanese yen ($668.1 million) to support the 15threplenishment of the African Development Fund (ADF-15).
During a virtual ceremony, African Development Bank Group President Dr. Akinwumi A. Adesina and Japanese Ambassador to Côte d’Ivoire Kuramitsu Hideaki signed an Exchange of Notes, while the loan agreement was signed by the JICA Chief Representative in Côte d’Ivoire, Fujino Kojiro, and Acting African Development Bank Group Senior Vice President Swazi Tshabalala, in her capacity as Chief Financial Officer.
The concessional donor loan will support the 15th replenishment of the African Development Fund, approved in December 2019 by ADF donor countries. JICA is extending the loan – the largest to ADF-15 – on behalf of the Government of Japan.
CCA High Level Dialogue - H.E. President Uhuru Kenyatta & Sundar Pichai, CEO of Google and Alphabet
CCA is honored to present an exclusive dialogue between H.E. Uhuru Kenyatta, President of the Republic of Kenya, and Sundar Pichai, CEO of Google and Alphabet, focused on the ways in which digital technologies and partnerships can unlock new paths for African economic growth.
Climat : la Banque africaine de développement fortement impliquée au Sommet international sur l’adaptation au changement climatique
Le président du Groupe de la Banque africaine de développement, Akinwumi A. Adesina, prendra une part active au Sommet international sur l’adaptation au changement climatique qui s’ouvre ce lundi 25 janvier.
Le président de la Banque interviendra dans trois sessions, dont celle consacrée au dialogue interministériel sur l’adaptation globale au climat et une autre au dialogue avec l’Afrique.
Lors de ce sommet, qui se poursuivra le 26 janvier, Akinwumi A. Adesina participera également au dialogue avec les chefs d’État et les autres dirigeants de la planète.
Pour saluer son engagement en faveur de la finance climatique, la Banque a été choisie en 2020 par les partenaires au développement pour abriter le Bureau régional pour l’Afrique du Centre mondial sur l’adaptation.
Le président Adesina avait inauguré ce nouveau centre le 16 septembre 2020 en présence des chefs d’États africains et d’autres personnalités éminentes, dont Ban Ki Moon, ancien secrétaire général de l’Onu, et Kristalina Georgieva, directrice générale du Fonds monétaire international.
Commerce intra-africain : la Banque africaine de développement souligne le rôle central des grandes villes du continent
La Banque africaine de développement qui a fortement contribué à la création de la Zone de libre-échange continentale africaine (ZLECAf), à travers des appuis multiformes aux pays membres régionaux, et qui s’implique pour sa mise en œuvre opérationnelle, souligne dans sa Revue annuelle 2019 de l’efficacité du développement (RAED) le rôle important des grandes villes du continent dans le renforcement des investissements intra-africains.
La ZLECAf est entrée en vigueur le 1er janvier 2021, après ratification à la date du 20 janvier 2021 par 36 pays africains.
Casablanca au Maroc, Johannesburg en Afrique du Sud, Lagos au Nigeria, Le Caire en Égypte et Nairobi, au Kenya, sont les villes africaines les plus attractives en termes d’investissements intra-africains, selon la RAED publiée en décembre 2020.
Ces cinq grandes villes se distinguent par le dynamisme de leur marché de consommation et de leur marché de travail, précise l’étude de la Banque, qui souligne qu’elles sont à la fois source et destination d’investissements intra-africains.
Federal Council stresses Africa’s importance and adopts first continent-wide strategy
Bern, 13.01.2021 - At its meeting on 13 January 2021 the Federal Council approved a strategy on Sub-Saharan Africa for the first time. The countries of North Africa are already covered by the MENA strategy adopted by the Federal Council on 14 October 2020. The new strategy recognises the great diversity of the African continent and the challenges and opportunities it presents. It sets out Switzerland's priorities and measures in the region for the 2021–24 period. In addition to peace, the core elements of the strategy are security and human rights, migration, prosperity, sustainability and digitalisation, areas in which the strategy builds on a tradition of partnership with the states of Sub-Saharan Africa.
The new strategy lists separate priorities for different regions to reflect the tremendous diversity of Sub-Saharan Africa. In addition to the three regions of the Sahel, the Greater Horn of Africa and the Great Lakes, Switzerland focuses on the lion economies and regional organisations. This takes account of the growing importance of multilateral organisations on the African continent. For each of these regions, the Federal Council has set out objectives and implementing measures. Migration is an issue that cuts across all thematic areas, with the strategy seeking to reduce migration pressures through the implementation of the four priorities.
EU mobilises €82.5 million to strengthen cooperation with Africa in digital and space technology
The EU has announced today €82.5 million for six new projects under the Pan-African Programme to strengthen its cooperation with Africa in multiple sectors, including sustainable resource management, regional integration and trade, air transport and digitalisation.
Many of the new projects share the innovative use of digital technologies or space applications, such as satellite imagery, to contribute to sustainable economic growth and climate action in Africa.
Jutta Urpilainen, Commissioner for International Partnerships, said: “We are scaling up our long-standing partnership with Africa with a boost to the Pan-African Programme. The versatile use of satellite technology not only contributes to building resilient ecosystems and maintaining sustainable land use, but also safer air transport. Together with our African partners, we are harnessing digital technologies to prioritise the climate and sustainable economic growth.”
A trip through 2020: How Africa-Europe relations played out
Like us, you probably can’t wait for 2020 to be over. It’s been an intense year full of plot twists that have definitely left their mark on how the world goes round – Africa-Europe relations included. If you dare to relive 2020, join us on a journey from January to December to see what the year brought for the relationship between both continents, and what we had to say about it.
South Africa To Close All Land Borders Until Mid-Feb
Topline: In yet another “family meeting”, South African President Cyril Ramaphosa announced on Monday evening that the country would stay on alert level 3. In addition to regulations put in place, the South African government has chosen to close all 20 land ports of entry.
Key Facts.
- Land ports of entry will be closed until February, 15 for general entry and departure. These will include the six busiest border posts; Beitbridge, Lebombo, Maseru Bridge, Oshoek, Ficksburg, and Kopfontein.
- This decision has been made as a way to reduce congestion and the high risk of transmission as South Africa has reported nearly 190, 000 Covid-19 cases since the start of 2021. The country has also recorded more than 4,600 Covid-related deaths so far this year.
- Alcohol sales are still not permitted, however, curfew times have changed slightly from 9 pm to 6 am to 9 pm to 5 am.
China-Africa trade falls 10 per cent on pandemic, commodities slump
- Chinese customs data shows exports to the continent edged up 0.6 per cent in first 11 months, but imports from Africa plunged 23 per cent
- Analysts say it was driven down by China’s reduced buying of raw materials and lower prices of key commodities such as oil and copper
Food security, agriculture, AfCTA, crucial for Africa’s post-COVID-19 recovery - African Economic Conference
“The agriculture sector is among the most vulnerable. Agriculture is important not only for food security issues but also for inter-regional food integration,” African Development Bank Director of Macroeconomic Policy, Forecasting and Research, Hanan Morsy, said during a news conference on the opening day of the African Economic Conference 2020.
“We see this as an area that needs particular support, an area of opportunity going forward to increase inter-regional integration and to increase resilience against external shocks,” Morsy noted.
The African Development Bank has provided much-needed financial and technical assistance to the sector, including small scale agribusinesses. In June 2020, the Bank launched the Feed Africa Response to COVID-19 (FAREC), a strategic roadmap to safeguard food security against the pandemic's impact by supporting agriculture and creating regional food self-sufficiency.
The three-day annual conference, which opened Tuesday was hosted virtually. It is being organized by the Economic Commission for Africa (ECA), the African Development Bank and the United Nations Development Programme (UNDP), under the theme, “Africa beyond COVID-19: Accelerating towards inclusive sustainable development.”