30-Oct-2013 - “Africa has much to learn from Europe about how not to go about financial integration. The experience of the European crisis and the euro is a good lesson to us in Africa about the problems in terms of financial integration and, from a policy perspective, in terms of the issues that you need to think about,” said Roy Havemann of the South African National Treasury.
30-Oct-2013 - To what extent can financial deepening dynamics have implications for financial policy coordination? The case of the West African Economic Monetary Union (WAEMU) was one of the papers discussed during a session on “Financial Regulation and Transport Liberalization" held Wednesday, October 30, the third day of the African Economic Conference in Johannesburg.
30-Oct-2013 - Regional integration remains one of the solutions for boosting production by the manufacturing industry in Africa. This fact was unanimously acknowledged by participants in the panel discussion on “Competitiveness and Trade Integration”.
30-Oct-2013 - The 2013 African Economic Conference (AEC) was the most opportune place to launch “Monetary Policy and the Economy in South Africa”, a new book by Prof. Mthuli Ncube, Vice-President and Chief Economist at the African Development Bank (AfDB), and Eliphas Ndou, an economist with the South Africa Reserve Bank (SARB) Research Department.
30-Oct-2013 - There is a lot to tell about the African Development Bank’s (AfDB) role in Africa’s regional integration. Moono Mupotola, who, for the past four years, has pulled out all stops to deliver on the Bank’s vision in this area, says: “There is a wealth of ideas on how to integrate and boost intra-African trade and there is no need to re-invent the wheel.”
30-Oct-2013 - Africa’s political leaders have taken bold steps to strengthen and promote production and competitiveness that would normally accelerate the momentum for regional integration.
30-Oct-2013 - The post-liberalization era has witnessed faster growth of imports than exports reveals a study on the impact of trade liberalization on export growth and import growth across 28 Sub-Saharan African countries from 1981 to 2010.
30-Oct-2013 - In order to achieve sound fiscal policies, members of the West African Economic and Monetary Union (UEMOA) must above all endeavour to increase spending on infrastructure and human capital to free up their growth potential, Mohamed Coulibaly, a macroeconomist and consultant at the University of Ouagadougou II (Burkina Faso), proposed in a paper presented on the third day of the eighth African Economic Conference (AEC) being held in Johannesburg (October 28-30).
29-Oct-2013 - Regional integration is crucial for Africa’s development. It is essential to building economies of scale and creating a competitive continental economy. It promises to open up new markets, by eliminating trade barriers, and through investments in key sectors like water and energy. It can unleash the full potential of Africa’s workforce.
29-Oct-2013 - A group of researchers at the eighth African Economic Conference currently taking place in South Africa’s main economic city, Johannesburg, on Tuesday, October 29, stressed the need for African states to invest in the capacity of their institutions, build inter-state confidence, harmonize their legal instruments and lower their debt threshold in order to reap more benefits from regional integration.
29-Oct-2013 - “Is one Africa, one money possible?” asked Victor Murinde, Director of the African Development Institute at the African Development Bank (AfDB). This was the question on the minds of delegates attending the “Convergence and Monetary Unions” session on Day One of the 2013 African Economic Conference (AEC) on “Regional Integration in Africa”.
29-Oct-2013 - Panelists on Tuesday, October 29 at the ongoing Africa Economic Conference in Johannesburg have underscored strong political will and democracy as imperatives for successfully regional integration across the continent.
No referendum has been held about regional integration in most African countries, signalling the absence of a political debate, which is needed to advance the process of integration.
29-Oct-2013 - Stephen Karangizi’s passion and commitment in ensuring continental integration is unquestionable, having contributed to this cause as a lawyer within COMESA’s activities for 15 years prior to joining the AfDB-backed African Legal Support Facility. Interestingly, he has shared perspectives on how African countries should work differently to meet the Bank’s new Regional Integration Strategy. He says a regulatory environment is an important aspect for business environment.
29-Oct-2013 - A workshop on “Private Investment and Job Creation” will take place in Nairobi, Kenya on 29-30 October 2013. The meeting, which is organized in the framework of the G20 Inclusive Business Workshop series, will offer a unique opportunity to exchange, network and contribute to the development of a supportive ecosystem for inclusive businesses in Africa.
29-Oct-2013 - The impact of the West African Economic and Monetary Union (UEMOA) on trade within the zone is “significant and positive”, recognized the Guinean economic statistician Ibrahima Camara in a paper presented on Tuesday, October 29, during the second day of the eighth African Economic Conference (AEC) held in Johannesburg.
29-Oct-2013 - Monetary integration alone is not enough: it needs to be accompanied by economic integration, the Cameroonian economist Simon Yannick Fouda Ekobena declared on Monday, October 28 in Johannesburg during a session of the eighth African Economic Conference (AEC).
29-Oct-2013 - Janvier Litse is a veteran of the African Development Bank, having climbed through the ranks and having served in various senior management operational positions, including Acting Vice-President.
28-Oct-2013 - The African Development Bank Group has approved a grant for an assessment study of a water supply and sanitation program for 11 small and medium-sized towns in South Sudan.
The USD 5.4 million grant, extended from the Fragile States Facility, will benefit some 170,000 people living in those 11 towns.
28-Oct-2013 - “Regional integration in Africa” was the theme of the press conference held on Monday, October28 in Johannesburg with Nkosazana Dlamini-Zuma, Chairperson of the African Union Commission; Pravin Gordhan, South African Minister of Finance; Donald Kaberuka, President of the African Development Bank Group (AfDB); and Abdalla Hamdok, Deputy Executive Secretary of the Economic Commission for Africa.
