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Investment for development

Mobilising financial resources - Boosting energy investment and carbon finance in Africa

 

4/11/2009 - African ministers and business leaders will meet in Johannesburg, South Africa on 11-12 November to discuss how African countries can exit the financial crisis and build stronger and more sustainable economies.

 

The New Partnership for Africa’s Development (NEPAD) and the Organisation for Economic Co-operation and Development (OECD) will hold a news conference at the Southern Sun Hotel, O.R. Tambo International Airport, on Wednesday 11 November 2009 in Johannesburg, South Africa, from 9.15am to 9.45pm. For further information and press accreditation, contact  Mr. Bongani Lukhele at the Department of Trade and Industry on BLukhele@thedti.gov.za.

 

The Ministerial Meeting - Mobilising Resources for Trade and Investment – on the 11 November will address ways to channel resources into productive investment and strengthen trade and supply-side capacities. “It is important to design Africa-owned national, regional and continental policies that provide a sound basis for emerging from the crisis,” says Mr Ibrahim Assane Mayaki, NEPAD CEO.

 

The Expert Roundtable on Boosting Energy Investment and Carbon Finance in Africa will look at how to unlock investment in African countries’ energy sectors. “In the global race for green growth, increasing investment in clean technologies is critical to Africa and its development partners,” says Mario Amano, OECD Deputy Secretary General. “The Expert Roundtable will outline how Africa can increase power generation and make the most of its vast potential in renewable energy.” Key messages will be sent to the UNFCCC conference on climate change in Copenhagen next month. 

 

The NEPAD-OECD Africa Investment Initiative’s Ministerial Meeting/Expert Roundtable gather top-level policy-makers, the private sector, regional organisations, international partners and experts from African and OECD countries. The events are hosted by South Africa’s Department of Trade and Industry and organised by the New Partnership for Africa’s Development (NEPAD) and the Organisation for Economic Co-operation and Development (OECD).

 

The NEPAD-OECD Africa Investment Initiative supports African countries to improve their investment environments by identifying bottlenecks, facilitating regional co-operation and implementing reforms. As the largest regional policy forum in Africa, the Initiative is supported by a range of international, regional and industry partners, all bringing specific expertise in country reviews and reform. For more information on the NEPAD-OECD Africa Investment Initiative, please visit our website: www.oecd.org/daf/investment/africa

 

For general information contact
• Mr. Bongani Lukhele, Department of Trade and Industry on BLukhele@thedti.gov.za, Tel: +(27) 12 394 1643 .
• Mr Victor Mathale, Advisor: Private Sector Initiatives, NEPAD Secretariat – VictorM@nepad.org
Tel: +(27) 11 313 3384
• Mr Karim Dahou, Executive Manager, NEPAD-OECD Africa Investment Initiative, karim.dahou@oecd.org
Tel: +33 (0)6 27592033

 

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