The International Energy Agency (IEA) appoints first Africa Programme Manager to expand engagement on energy issues across the continent
IEA seeks to expand its analysis and partnerships with African countries, as the continent’s role in global energy affairs expands
PARIS, France, February 24, 2020/ — The International Energy Agency (IEA) (https://www.IEA.org/) hired Maximilian Jarrett as its first Africa Programme Manager to help expand the Agency’s reach and coordinate its work as it deepens its engagement across the continent.
Mr Jarrett brings 30 years of experience in the fields of international economic affairs, media production and strategic communications. He most recently served as the Director-in-Charge of the Geneva-based Africa Progress Panel, which was chaired by the late Kofi Annan, the Nobel Peace Prize laureate and former UN Secretary General.
The IEA has long focused on Africa’s energy sector, including work on the continent’s energy access issues since 2002. This work has since expanded significantly and will continue to do so in the coming years. Last year, Dr Kandeh Yumkella, a former United Nations Under-Secretary-General, became (http://bit.ly/37SViLt) an advisor to the IEA on Africa and energy access issues.
In October, the IEA published Africa Energy Outlook 2019 (http://bit.ly/37TlIfS) its most comprehensive and in-depth work to date about the continent, with a particular emphasis on sub-Saharan Africa. The special report, part of the IEA’s flagship World Energy Outlook, highlighted Africa’s increasing role in global energy affairs and included detailed energy profiles of 11 countries that represent three-quarters of the region’s gross domestic product and energy demand, including Nigeria, South Africa, Ethiopia, Kenya and Ghana.
The IEA is also strengthening its relationships with African energy decision-makers(http://bit.ly/37UPXDe). South Africa and Morocco are part of the IEA family as Association countries. In May 2019, the IEA and the African Union Commission co-hosted their first joint ministerial summit at which the two organisations signed a Memorandum of Understanding to guide future collaboration. A second ministerial forum will be held in 2020, with South Africa offering to host the event in line with its 2020 presidency of the African Union.
Prior to his role with the Africa Progress Panel, Mr Jarrett spent over a decade working with the United Nations in Africa. He had started his career in 1990 as a programme presenter and senior producer with the BBC World Service. He worked on Focus on Africa and Network Africa, the BBC’s daily current affairs programmes for its audience in Africa.
ITFC SIGNS A MEMORANDUM OF UNDERSTANDING WITH THE AFRICAN UNION TO SUPPORT AFRICAN OIC COUNTRIES TO FAST-TRACK THE BENEFITS OF THE AfCFTA AND INCREASE THEIR SHARE OF INTRA-AFRICAN TRADE
(Jeddah, KSA, February 24th 2020) – The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has signed a Memorandum of Understanding with the African Union to partner on joint activities to boost inter-regional trade bet
The MoU was signed by the African Union’s Commissioner of Trade and Industry, H.E Albert Muchanga, representing the Chairperson of the AU Commission, and ITFC CEO, Eng. Hani Salem Sonbol. “The signing of the MOU formalises the partnership between AU and ITFC and opens new avenues and opportunities for collaboration to increase intra-Africa trade, in particular in the context of the African Continental Free Trade Area (AfCFTA), under which trading will start on 1st July 2020” indicated Commissioner Muchanga.
The benefits of the MoU were outlined by the CEO of the ITFC, Eng. Hani Salem Sonbol: “This MoU comes at a time of great progress for African cooperation, serving to align common socio-economic goals with sustainable trade development and a shared desire to serve the continent’s 1.3 billion citizens with quality African goods and services. Collaborating on the Intra African Trade Fair and the Arab-Africa Trade Bridges Program makes very good sense and this MoU allows us to work comprehensively to further our mutual goal of improving lives
One of the key initiatives that would be at the centre of the collaboration between the two organizations is the Arab-Africa Trade Bridges (AATB) Program, launched by ITFC in 2017 to unlock regional trade and investment opportunities between the Arab and African regions. With 27 OIC member countries in Africa, the MOU provides a framework for accelerating the social andeconomic integration of the continent; and to promote sustainable development.
Areas of collaboration will include trade promotion between African OIC member countries through the Intra-African Trade Fair (IATF), which will hold its second edition on 1-7 September 2020 in Kigali, Rwanda, where ITFC is a key partner through the Arab Africa Trade Bridges (AATB) Program –ITFC’s flagship program.
The MoU comes at a critical moment in the region’s history, only months after the ratification of the AfCFTA by 28 African countries, which represents a major alignment of strategies that will serve to further develop regional and global value chains. AU Commissioner for Trade and Industry, commenting on the objectives of the MoU, indicated that, “By collaborating with the ITFC we are able to fast-track many of the benefits of the new Continental Free Trade Area including through support to African SMEs, support to State Parties to implement complementary measures for the productive sector and facilitation of the emergence of “big and innovative companies” on the continent. With these interventions, AU-ITFC’s partnership will undoubtedly contribute to boosting trade not only between the 27 African OIC countries but also between them and the other African countries and beyond.
Sanlam Financial Journalism Awards entries close on 28 FebruaryThe Awards, running for the 45th consecutive year, recognise the best financial reporting by reporters based in Africa
CAPE TOWN, South Africa, February 24, 2020/ — With 5 days before entries close for the 2019 Sanlam (https://www.Sanlam.com/) Financial Journalist of the Year Awards at midnight on 28 February, reporters practising financial journalism in Africa are encouraged to submit their best work for the competition.
The Awards, running for the 45th consecutive year, recognise the best financial reporting by reporters based in Africa, publishing or broadcasting commendable journalism about the continent. Representing the longest running awards dedicated to financial journalism in Africa, their objective is to support the development of journalism.
The Awards attract keen interest from journalists across the continent. In 2018, 78 journalists representing 58 media organisations submitted 97 entries.
Entrants must submit their submissions through Sanlam’s website: http://bit.ly/2VfcTdI
The African Growth Story category, which recognises the best journalism covering the significance of business and investment on the continent, is open to financial journalists based in Africa who publish and/or broadcast their work on the region. Entries for this category must focus on the growth of the continent in terms of investment, infrastructure development, economic progress and related topics. Stories also should incorporate a continental outlook.
Previous winners of the African Growth Story category include Isaac Anyaogu of Business Dayin Nigeria (2018), Dominic Omondi of The Standard newspaper in Kenya (2017), and Ancillar Mangena of Forbes Africa in South Africa (2016).
The other categories are open to journalists working in print, radio, TV and online media in South Africa. They are:
All five categories recognise financial journalists who produced compelling business stories between 1 January and 30 December 2019.
Additionally, the judging panel bestows special awards, which are:
The Special Awards recognise journalists based on the discretion of the judging panel, which exercises a nomination and rigorous evaluation process.
Isaac Anyaogu from the Business Day newspaper in Nigeria, and former Forbes Africa writers, Melitta Ngalonkulu (now with Moneyweb) and Aviwe Mtila (now with eNCA TV) are some of the recent Best Newcomer category winners for 2018, 2017, 2016 respectively.
Neville Otuki, former business reporter at Energy Siren News in Kenya and a runner up in the best newcomer category in 2018, says, “Society has critical business stories the public needs to know. It is important we amplify these stories. Being acknowledged by the awards for doing so is humbling and equally rewarding, not only for journalists but for our profession as well.”
Previous winners of the journalist of the year award include Rob Rose editor of Financial Mail (2018), Sikonathi Mantshantsha, former editor at Scorpio, the Investigative Unit of Daily Maverick (2017), and Susan Comrie of AmaBhungane (2016).
Information about the eligibility, criteria, and entry submission process for the awards are available at http://bit.ly/32kKCnL.
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