NEPAD Today - 15 May 2013

15 May 2013

Editor
Yinka Adeyemi
Assistant Editor
Meseret Arega
Editorial Board: Yinka Adeyemi (ECA), ADOU Jean Yves (AUC), Meseret Arega (ECA)

Industry actors address the mining value chain at ECA-WEF event

The Economic Commission for Africa (ECA), in collaboration with the World Economic Forum held an Industry Partnership Meeting for Mining and Metals aimed at examining how the Africa Mining Vision and its goal of facilitating “transparent, equitable and optimal exploitation of mineral resources to underpin broad-based sustainable growth and socio-economic development” can be translated into national mining visions. The meeting took place on 8 May in the context of the World Economic Forum on Africa in Cape Town from8-10 May 2013 on the theme: Delivering on Africa’s Promise.
The first session, Africa Mining Vision and Mineral Value Management  was on how value is created across multiple dimensions of the mining value chain and define its drivers in the African context. In this respect, the session discussed progress in the establishment of the African Minerals Development Centre (AMDC) and the Responsible Minerals Development Initiative’s newly developed Mineral Value Management tool.
The development of mineral resources is a key driver of global economic growth and provides unparalleled opportunities for resource-rich Africa. It has the potential to transform economies and societies, but according to the organi-Your data has been truncated.

For full story: http://www.uneca.org/media-centre/stories/industry-actors-address-mining...

The AfDB approves a Ten-Year Strategy for Africa’s Transformation

The economic transformation of the African continent is the cornerstone of the African Development Bank Group’s new Ten-Year (2013-2022) Strategy. The Strategy, which has been approved by the Executive Directors of the Bank, emphasizes the quality and sustainability of growth.   
The Directors’ approval followed a wide and deep consultation process, within and outside the Bank.  “This document reflects Africa’s vision for itself – a vision of transformation that is achievable”, said Donald Kaberuka, President of the African Development Bank Group since 2005.  “It is a ten-year vision, which can make this continent – within another generation – the global growth pole that we know it can be and want it to be: a place fit for our aspirations and those of our children.”   
“The Strategy reaffirms  the Bank’s strategic choices around infrastructure, economic integration and the private sector.  It  charts the way towards inclusive growth that spans age, gender and geography, and takes special account of Africa’s fragile states which are home to 200 million people, as well as building climate resilience and the sustainable management of natural resources.”

For full story: http://www.afdb.org/en/news-and-events/article/the-afdb-approves-a-ten-y...

African Peer Review Mechanism to reach decade milestone

APRM will be celebrating its 10th Anniversary this year. It serves as an instrument for monitoring performance in governance in African countries.
The celebration is likely to focus on increasing the awareness on the importance of its work. This, among African citizens and the international community reflecting on the progress achieved and the challenges faced.
APRM was established on the 9th of March 2003 by the Heads of State and Government of NEPAD. Four areas were targeted, namely Democracy, Political Governance, Economic Governance and Management.
The chairperson of the APRM panel of Eminent Persons says significant progress has been made in terms of the number of countries that have acceded the undertaking of the review exercise. Professor Amos Sawyer APRM chair and former Liberia president says the achievement of the APRM cannot be overstated. He says it has opened up the political space for citizen’s participation in policy debates.

For full story: http://www.sabc.co.za/news/a/943e93804f8dd02495b6f70b5d39e4bb/African-Pe...

“Africa has endless infrastructure investment opportunities” – Dr Dlamini-Zuma

A high-level Summit on Africa’s infrastructure development has been discussing how the African Union (AU) and its technical body NEPAD can maximise domestic resource mobilisation through the private sector, for infrastructural development in Africa.
This years’ Africa Investor (Ai) Infrastructure Investor Summit in Cape Town, organised in partnership with NEPAD ahead of the 23rd World Economic Forum(WEF) on Africa, is an annual event that provides decision-makers involved in infrastructure development and investment with an opportunity to explore new trading opportunities and business partnerships across the continent.
African Union Chairperson Dr Nkosazana Dlamini-Zuma emphasised on the AU’s strong interest in mobilising more African capital to invest in African infrastructure, so as to close the continent’s infrastructure investment gap.
It is for this reason that an infrastructure task team was set-up led by NEPAD CEO, Dr Ibrahim Mayaki to deal with the issue of “improved regional integration, intra-African investment and finding alternative resource for infrastructure development funding”, Dr Dlamini-Zuma said.
Dr Dlamini-Zuma called on the private sector to come up with solutions on how to drive domestic infrastructure investment in partnership with African governments. “The continent’s opportunities are endless, but we need to work together to catch these opportunities,” she said.
For full story: www.nepad.org  

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A production of the RCM-Africa Secretariat, AU and NEPAD Support Team, Capacity Development Division (CDD),
United Nations Economic Commission for Africa, Addis Ababa, Ethiopia.
Director: Adeyemi Dipeolu
Email: ecanepad@uneca.org