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Video guest: Josephine Mwangi

November 2018
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EDITO
Wednesday, 21 November 2018

How the EIB supports conflict prevention and recovery in fragile regions in Africa, the Caribbean and the Pacific Region through investment. The EIB helps countries that need investment the most but have the hardest time finding it.

The African, Caribbean Pacific Secretariat, in collaboration with the European Commission, hosted the Fall Meeting of the Consultative Group (CG) of the Global Facility for Disaster Reduction and Recovery (GFDRR), in Brussels during the 7th-9th November, 2018. The meetings, co-chaired by the ACP Secretariat, the European Commission and the World Bank, celebrated the ACP Group initiative in 2005, to create ACP-EU Natural Disaster Risk Management Programs under the intra-ACP framework.

As project sponsors, borrowers, lenders and investors gathered at the Africa Investment Forum to make deals on investment opportunities, leaders of the continent’s top agribusiness companies shared their thoughts on the future of the industry agribusiness 13Agribusiness can also promote industrialisation and urban employment. Africa’s agribusiness sector is predicted to reach US$1 trillion by 2030.

In the field of telephony as in many others, Africa has jumped a technological step by moving directly to mobile. The outlook of the smartphone market is still seeing exponential growth. It is estimated that at least 660 million Africans (against 336 million in 2016) will be equipped with a smartphone by 2020[1].

The European Investment Bank (EIB) and the United Nations Industrial Development Organization (UNIDO) are hosting the Africa Day on 22 November in Addis Ababa, Ethiopia. Senior members of the Ethiopian government will join experts and policymakers from across Africa and Europe to lead discussions on opportunities for growth and diversification.