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ARFSD 2019 ends with Africa reaffirming its commitment to implementing the SDGs

The fifth Africa Regional Forum for Sustainable Development (ARFSD) ended in Marrakesh Thursday with ministers and officials in charge of environment and sustainable development reaffirming their governments’ commitment to fully implementing the sustainable development goals for the benefit of all on the continent. The ministers, who were joined by policymakers and experts, representatives of governments,…

$1.5bn Ghana PPP deep sea port to service ECOWAS subregion

As ECOWAS Parliament, the lawmaking arm of ECOWAS Commission, pushes for a more sustainable and suitable public private partnership (PPP) model that will accelerate infrastructural and social development in West African sub region, the need for the strict application of the local content laws by member states has been advanced. Speaking during an oversight visit…

Population dynamics central to Africa’s quest for sustainable development

 Addressing inequalities across all sectors in Africa necessitates that the continent eliminates disparities in access to sexual and reproductive health and rights, and the attendant consequences of lack of access – unintended pregnancies, unsafe abortion, maternal deaths – and gender-based violence, including female genital mutilation. This was said by Robert T. Chakanda, Sierra Leone’s Deputy…

ECOWAS Parliament mulls PPP to bridge infrastructure funding gap

Against the backdrop of the growing infrastructural funding gaps among ECOWAS member states and the dwindling payment of community levies, the ECOWAS Parliament is examining public private partnership (PPP) initiative as a panacea. Speaking at the opening session of the ongoing ECOWAS Parliament Delocalised Joint Committee Meeting on Private Sector Customs, and Free Movement, in…

Guinea Dam Project to aid ECOWAS regional integration

The ECOWAS Parliament has said that the Souapiti Hydroelectric Dam Project in Guinea is an important project in terms of ECOWAS regional integration vision . This was the position of the lawmakers when they made a field visits to the dam site in Guinea . According to them , the Hydroelectric Dam Project has an…

IMF urges Nigeria to remove fuel subsidy

The International Monetary Funds (IMF) has urged Nigeria to remove fuel subsidy. IMF Managing Director, Christine Lagarde, who said this at a press conference on Thursday, noted that it was the right way to go. Addressing a joint annual spring meeting of the World Bank in Washington DC, United State, she said remival of fuel…

Strengthening of national accounts, SDGs, employment at heart of ECA-Egypt  meeting

ECA’s Executive Secretary Vera Songwe met on Sunday 24 March with the Egyptian Minister of Planning, Monitoring and Administrative Reform Hala Helmy El Said and Deputy Minister for Planning Ahmed Kamaly, on the sidelines of ECA’s 52ndSession and Conference of African Ministers of Finance, Planning and Economic Development. Their discussions included possible cooperation opportunities on…

Libya: Economic recovery at the heart of ES talks with ministers

Executive Secretary Vera Songwe met on Tuesday 26 March in Marrakech the Libyan Minister of Economy and Industry Ali Al-Issaoui and Minister of Finance Faraj Abdourahman Bumatari. The meeting took place on the sidelines of the 52nd ECA Session and Conference of African Ministers of Finance, Planning and Economic Development and was an opportunity to…

Oil hits 2019 high n Shale slowdown

Oil rises to 2019 high. Crude oil hit fresh 2019 highs this week, pushed up by tightening supplies globally, a slowdown in U.S. output, and fewer concerns about the global economy. WTI bounced above $62 per barrel in early trading on Tuesday with Brent closing in on the $70-per-barrel mark. U.S. shale slowdown. The EIA…

How our operations boost oil production, JTF discloses

The Joint Task Force (JTF), Operation Delta Safe (ODS) at the weekend said its military operations and civil interventions in the Niger Delta region boosted crude oil production in the country. The Commander ODS, Rear Admiral Suleiman Apochi, said the security outfit under his command increased crude oil production level from 900,000 barrels per day…

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