insert_link APO International International Monetary Fund (IMF) Reaches Staff-Level Agreement with Zambia on the Second Review of the Extended Credit Facility The Zambian authorities and the IMF team have reached a staff-level agreement on economic policies to conclude the second review of the 38-month Extended Credit Facility-supported program (ECF). Once the review is approved by IMF Management and completed by the Executive Board, Zambia will have access to about $184 million in financing (SDR 139.9 million); Despite a challenging environment, the economy is showing resilience, with real GDP growth now projected […] todayNovember 20, 2023 1
insert_link APO International China has benefitted over 1 million African farmer households: minister China has promoted over 300 agricultural techniques in Africa during the past decade, benefitting over 1 million farmer households on the continent, said Tang Renjian, China's minister of agriculture and rural affairs, on Tuesday. Tang made the remarks while attending the 2nd Forum on China-Africa Cooperation in Agriculture. During the period, China has established 24 agricultural technology demonstration centers in Africa, while over 10,000 training opportunities for African management and […] todayNovember 20, 2023 1
insert_link APO International International Monetary Fund (IMF) Staff Concludes Visit to Libya We express our deepest condolences to the people of Libya for the tragic loss of life and widespread devastation caused by flooding in September; The announced central bank reunification has led to welcome improvements in banking supervision and monetary policy coordination. It will also help with moving the reform agenda forward; Libya urgently needs a clear economic vision and technical assistance support. The IMF is helping Libyan authorities by providing capacity development […] todayNovember 20, 2023 1
insert_link APO International Press Statement: 2023 African Peace Award Winners I bring you compliments from the board and management of African Peace Magazine UK (https://AfricanPeace.org/). Download the document: https://apo-opa.co/49G8Mex On behalf of the Chairman Justice Suleiman Galadima, JSC, OFR, CFR (Rtd.), the board and management of African Peace Magazine UK, humbly wish to specially invite you to attend the Hybrid Award with the Theme: Africa is open for business: Strategic and Impactful Investment in Africa – That would facilitate peace and achieve sustainability goals. The […] todayNovember 20, 2023 1
insert_link APO International Minister of State for International Cooperation Meets with Egyptian Minister of Planning and Economic Development Her Excellency Minister of State for International Cooperation at the Ministry of Foreign Affairs, Lolwah bint Rashid Al Khater, met today in Cairo with Her Excellency Minister of Planning and Economic Development of the Arab Republic of Egypt, Dr. Hala El-Said. During the meeting, the focus was on reviewing and strengthening the bilateral relations between the two nations. Discussions centered around enhancing cooperation in the field of development financing, with […] todayNovember 20, 2023
insert_link APO International Egypt: President El-Sisi Holds Meeting on Developments of Agriculture and Irrigation National Projects Today, President Abdel Fattah El-Sisi held a meeting to follow- up on developments pertinent to the national projects in the agricultural and irrigation sectors across the country. The meeting was attended by Prime Minister Dr. Mostafa Madbouly, Minister of Agriculture and Land Reclamation El-Sayyed El-Quseir and Minister of Water Resources and Irrigation Dr. Hani Sweilem. The Spokesman for the Presidency Counselor Ahmed Fahmy said the meeting reviewed programs to modernize […] todayNovember 20, 2023
Africa Navigating the transition: African banks take over after international lenders exit By Conrad Onyango, via bird story agency Local financial companies are capitalising on the opportunities left by international banks exiting Africa yet continue to struggle with the gap between perceived and actual risks in the market. In early 2022, UK-headquartered Standard Chartered Bank announced it was exiting five African countries and partially exiting two others - breaking its ‘here for good’ brand promise after more than a century on the […] todayNovember 20, 2023 6
insert_link APO International End the killing of children in armed conflict, United Nations committee urges With one out of every five children worldwide living within armed conflict zones, the UN Committee on the Rights of the Child marks World Children’s Day in a sombre mood and calls for ceasefires and a return to basics of humanitarian law to safeguard all children. The Committee today issued the following statement: “World Children’s Day has generally been regarded as a day to celebrate the gains made since the United Nations […] todayNovember 20, 2023 1
insert_link APO International Director-General of the Department of African Affairs of the Foreign Ministry Wu Peng Attends the Opening Ceremony of the Second Forum on China-Africa Cooperation in Agriculture On November 14, 2023, Secretary General of the Chinese Follow-up Committee of the Forum on China-Africa Cooperation (FOCAC) and Director-General of the Department of African Affairs of the Foreign Ministry Wu Peng attended and addressed the opening ceremony of the Second Forum on China-Africa Cooperation in Agriculture held in Sanya, Hainan. Wu Peng said that this forum is a concrete measure to implement the Plan for China Supporting Africa's Agricultural […] todayNovember 20, 2023