AfDB Approves US $12.4MN for Women Entrepreneurs

Rwanda tops Africa in policy, institutional reforms –World Bank Report:

A latest report by the World Bank shows that Rwanda achieved the highest score in Sub Saharan Africa in an index dubbed Country Policy and Institutional Assessment (CPIA).

“With a series of policy reforms, Rwanda continues to lead all countries with a CPIA score of 4.0 followed by Cabo Verde, Kenya, and Senegal, all with a 3.8 score. Improvements in several policy areas reversed the slide in Ghana’s score, lifting the country’s CPIA score from 3.4 in 2014 to 3.6 in 2015,” reads part of the statement.

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Guidelines for good business practice in Africa

The Department of Trade and Industry has published a set of guidelines for good business practice by South African companies operating elsewhere in Africa, to ensure responsible corporate citizenship across the continent.

The Guidelines for Good Business Practice for South African Companies Operating in the Rest of Africa were developed in consultation with other government departments, the private sector and labour.

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African Development bank approves $12.4M for women entrepreneurs

A statement from AfDB said the funds will be used for a project called “50 million Women Speak” to create a networking platform dedicated to sub-Saharan women entrepreneurs.

The grant will be spread between the Common Market for Eastern and Southern Africa (COMESA), the East African Community (EAC) and the Economic Community of West African States (ECOWAS).

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Africa urges support for enlarged free trade area at UN talks

African trade ministers have urged the UN Conference on Trade and Development (UNCTAD) to support governments’ efforts to access funds for trade and the negotiations toward the creation of an African Continental Free Trade Agreement Area (CFTA).

African Union (AU) Summit called for the creation of a CFTA by 2017 to enable African countries double their cross-border trade and investment as a first step toward enhancing regional integration. More…

From Decisions to Actions Report of the Secretary-General Of UNCTAD to UNCTAD XIV

The fourteenth session of the United Nations Conference on Trade and Development (UNCTAD XIV) will mark a critical moment not only for economic and social progress in the developing world, but also for the common future ofall countries and communities. As the first United Nations ministerial conference of the post-2015 era, it will represent a starting point to translate the heightened ambitions and commitments of the international community into concrete plans of action.

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